1. Trang Chủ
  2. Kinh Tế - Quản Lý
  3. Lecture Economics (6/e): Chapter 23 - Stephen L. Slavin-Kinh Te - Quan Ly
Quản lý dự án Quản lý Nhà nước Tiêu chuẩn - Qui chuẩn Kinh tế học Luật học Quy hoạch - Đô thị

Lecture Economics (6/e): Chapter 23 - Stephen L. Slavin-Kinh Te - Quan Ly

In this chapter, the following content will be discussed: The graph of the monopolist, how monopolist’s profits are calculated, the monopolist in the short run and long run, barriers to entry, limits to monopoly power, economies of scale and natural monopoly, what makes bigness bad?

Category Tài liệu Kinh Tế - Quản Lý

Page count 44

Created date 8/30/2018 5:45:07 AM +00:00

File type PPT

File size

Tên tệp 1130652 pdf

Tải Lecture Economics (6/e): Chapter 23 - Stephen L. S... (.pdf)

Chapter
23
Monopoly
Copyright
2002 by The McGraw­Hill Companies, Inc.
All rights reserved.
23­1
Chapter
Objectives
•
The
graph
of
the
monopolist
•
How
monopolist’s
profits
are
calculated
•
The
monopolist
in
the
short
run
and
long
run
•
Barriers
to
entry
•
Limits
to
monopoly
power
•
Economies
of
scale
and
natural
monopoly
•
What
makes
bigness
bad?
Copyright
2002 by The McGraw­Hill Companies, Inc.
All rights reserved.
23­2
Monopoly
Defined
•
A
monopoly
is
the
ONLY
firm
in
an
industry
–
No
one
else
sells what
the
monopolist
is producing
–
There
are local
monopolies
•
Some examples are a hardware store, a dry cleaners, and a
drugstore
–
There
are national/regional
monopolies
•
Some examples are diamonds dealers, gas and
electric
companies, and local phone companies
•
A
monopoly
produces
ALL
the
output
in
an
industry
•
There
are
no
close
substitutes
for
the
product
or
service
Copyright
2002 by The McGraw­Hill Companies, Inc.
All rights reserved.
23­3