How To Spell duopoly?
How to Pronounce duopoly?
Correct pronunciation for the word "duopoly" is [djuːˈɒpəli], [djuːˈɒpəli], [d_j_uː_ˈɒ_p_ə_l_i].
What are the misspellings for duopoly?
"Duopoly" in context
A duopoly is a type of oligopoly in which two producers make up the entirety of the market. In a duopoly, both firms have some degree of control over the market and can set prices, costs, and quantities of goods. This type of market structure is found in many industries including telecommunications, banking, and energy.
Duopolies often have high barriers to entry since the two firms dominate the market and can use economies of scale by producing a large quantity of goods at a low cost. This competition leads to higher levels of efficiency and lower prices for consumers, which is beneficial for the industry overall.
Duopolies often have high barriers to entry since the two firms dominate the market and can use economies of scale by producing a large quantity of goods at a low cost. This competition leads to higher levels of efficiency and lower prices for consumers, which is beneficial for the industry overall.
Usage over time for duopoly:
This graph shows how "duopoly" have occurred between 1800 and 2008 in a corpus of English books.
Resources
- Correct spelling for duopoly [Infographic] | Spellchecker.net
- duopoly - English spelling dictionary
- Duopoly | Definition of duopoly by Merriam-Webster
- Duopoly definition and meaning | Collins English Dictionary
- Duopoly | Definition of duopoly at Dictionary.com
- Duopoly dictionary definition | duopoly defined
Infographic
