Monopolies and investing vocab C1

salary or wages

a raw material or primary agricultural product that can be bought and sold, such as copper or coffee.

Limited quantities of resources to meet unlimited wants

a single payment made at a particular time

bringing in money; profitable

a positive or negative environmental stimulus that motivates behavior

to weaken or ruin by degrees

the ability of a company to change prices and output like a monopolist

the amount of something produced by a person, machine, or industry

to gradually become successful; to gain power, strength, energy, etc.