Description

Overview:
In this topic, students will be introduced to monopoly.  They’ll learn what a monopoly is, how it differs from perfect competition and what conditions give rise to it.  They’ll also learn how monopolists decide on the profit-maximizing level of output and price.  The social costs and benefits of monopoly will also be covered.  In addition to monopoly, the topic will cover price discrimination.   
Subject:
Economics
Material Type:
Module
Provider:
Ohio Open Ed Collaborative
Date Added:
05/06/2019
License:
Creative Commons Attribution-NonCommercial 4.0 Creative Commons Attribution-NonCommercial 4.0
Language:
English
Media Format:
eBook

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