Presented by: Group:4 Table of content 1. Market structure 2. Introduction to Monopoly 3. Features of Monopoly 4. Types of Monopoly 5. Average revenue and Marginal revenue…
1. MANAGERIAL ECONOMICSQuiz 01]what is marginal analysis? Marginal analysis, quite simply, balances the additional benefits from an action against theadditional cost. In…
LESSON 17 ANALYSIS 'OF MARKET_ STRUCTURE-LARGE GROUP CASE Learning outcomes After studying this unit, you should be able to: Define market, market structure Analyze…
1. Chapter Objectives • The four basic market models • Characteristics of pure competition • Profit maximization for competitive firms in the short • The competitive…
1. Price Discrimination What is price discrimination? Price discrimination or ‘yield management’ occurs when a firm charges a different price to different groups of consumers…
Slide 1 Session 3 Monopoly Managerial Economics Professor Changqi Wu Slide 2 MonopolySlide 2 Topics for Today What is a monopoly? How does a monopolist behave? How to sustain…
Slide 1 Chapter 17 Pricing and product mix decisions Slide 2 Major influences on pricing decisions §Customer demand and reactions §Competitor behaviour §Costs l price…