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. Competition Act, 2002 2.  CompetitionIs “a situation in a market in which firms orsellers independently strive for the buyers‟patronage in order to achieve a particularbusiness…

Chapter 14 MODELS OF MONOPOLY Dr. S. Chen Microeconomics, Ec2201 2009 Spring 1 Monopoly • A monopoly is a single supplier to a market • This firm can choose to produce…

1. Competition Act, 2002 2.  CompetitionIs “a situation in a market in which firms orsellers independently strive for the buyers’patronage in order to achieve a particularbusiness…

Competition Act, 2002 Car sold at crash price OPEC deciding the oil prices Microsoft slapped heavy fine Luftansa Cargo for price fixation  Competition Is “a situation…

Chapter 16 Monopolistic Competition Imperfect Competition • We have so far seen two kinds of markets: – Perfect competition • Many buyers • Many sellers • All sellers…

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1. Theory of the Firm Section 2.3.4 HLYou have three minutes to come up with as many examples of MONOPOLISTIC COMPETITION as you can. Each one correct is worth a point.If…

1. • Marginal revenue equals marginal cost at a point at which the marginal cost curve is rising. Short-Run Profit Maximization by a Competitive Firm 2. CHOOSING OUTPUT…