MONOPOLY AND MONOPSONY

Shokirova Dilnoza Olimjon qizi; Orzikulov Oybek Azamjon o’g’li

MONOPOLY AND MONOPSONY

Authors

Shokirova Dilnoza Olimjon qizi

Karshi State Technical University, Shahrisabz Faculty of Food Engineering

Author
Orzikulov Oybek Azamjon o’g’li

Food Engineering Student, Karsh State Technical University, Shahrisabz

Author

Keywords:

Monopoly, monopsony, market structure, pricing, competition, profit, government regulation, market power, economic efficiency.

Abstract

This article examines the phenomena of monopoly and monopsony, two important forms of market structure, from an economic theory perspective. It analyzes the essence of monopoly, its causes, types, and pricing strategies. It also examines the concept of monopsony and its role in the economy, as well as its impact on producers and consumers. The article presents ideas on limiting competition in a monopolistic market, pricing, and the need for government regulation.

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