Thus monopoly is limited by competition, and no owner, whether of labour, land or capital, can, theoretically speaking, obtain a larger share of produce for it than what other owners of exactly the same kind of property are willing to accept. (William Stanley Jevons)

Thus monopoly is limited by competition, and no owner, whether of labour, land or capital, can, theoretically speaking, obtain a larger share of produce for it than what other owners of exactly the same kind of property are willing to accept.

William Stanley Jevons

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kind land limited monopoly owner produce property share speaking thus willing labour

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