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<!DOCTYPE article PUBLIC "-//NLM//DTD JATS (Z39.96) Journal Publishing DTD v1.3 20210610//EN" "https://jats.nlm.nih.gov/publishing/1.3/JATS-journalpublishing1-3.dtd">
<article article-type="research-article" dtd-version="1.3" xml:lang="en">
  <front>
    <journal-meta>
      <journal-title-group>
        <journal-title>π-Economy</journal-title>
        <trans-title-group xml:lang="ru">
          <trans-title>π-Economy</trans-title>
        </trans-title-group>
      </journal-title-group>
      <issn pub-type="epub">2782-6015</issn>
    </journal-meta>
    <article-meta>
      <article-id pub-id-type="publisher-id">33</article-id>
      <title-group>
        <article-title>Entrepreneur's monopoly in the local market conditions</article-title>
        <trans-title-group xml:lang="ru">
          <trans-title>Монопольная власть предпринимателя в условиях локального рынка</trans-title>
        </trans-title-group>
      </title-group>
      <contrib-group>
        <contrib contrib-type="author">
          <name>
            <surname>Rusinov</surname>
            <given-names>Dmitry</given-names>
          </name>
          <email>alasard@yandex.ru</email>
        </contrib>
      </contrib-group>
      <pub-date publication-format="electronic" date-type="pub" iso-8601-date="2011-06-10">
        <day>10</day>
        <month>06</month>
        <year>2011</year>
      </pub-date>
      <issue>3</issue>
      <issue-id pub-id-type="publisher-id">125</issue-id>
      <fpage>185</fpage>
      <lpage>191</lpage>
      <abstract xml:lang="en">
        <p>Profit maximization on the sale at the highest price is possible if an entrepreneur is a monopolist at the local market. The right of getting a monopoly profit achieves by a hard competitive activity, when the price is reduced lower then the level of marginal production costs for the purpose of other entrepreneurs ejection. Afterwards the raised prices will attract entrepreneurs at the local market again, but at that time when the business rivals are over, the entrepreneur gets the maximum profit.</p>
      </abstract>
      <kwd-group xml:lang="en">
        <kwd>SITUATIONAL MONOPOLY</kwd>
        <kwd>POINT OF PROFIT</kwd>
        <kwd>PROFIT MAXIMIZATION</kwd>
        <kwd>ELASTICITY OF DEMAND</kwd>
        <kwd>MARKET CAPACITY</kwd>
        <kwd>PRICE DETECTOR</kwd>
      </kwd-group>
    </article-meta>
  </front>
</article>
