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. Imperfect competitionAll the assumptions of perfect competition are not metIncrease in market powerPerfectMonopolisticOligopolyPurecompetitioncompetitionmonopoly Many…

1. Monopolistic Competition Presented By Hirra Sultan Juhi Chauhan Neha Bajaj Nisha Kumari 2. What Is Monopolistic Competition? Monopolistic competition is a market with…

Slide 1 Slide 2 14 MONOPOLISTIC COMPETITION Slide 3 Slide 4 © 2012 Pearson Addison-Wesley The online shoe store shoebuy.com lists athletic shooes made by 56 different producers…

Slide 11 Chapter 13 MODELS OF MONOPOLY Copyright ©2005 by South-Western, a division of Thomson Learning. All rights reserved. Slide 2 2 Monopoly A monopoly is a single supplier…

Slide 1Lecture 12: Imperfect Competition Readings: Chapters 14,15 Slide 2 The Theory of Supply - Imperfect Competition  Q: How relevant are the Perfect Competition and…

Slide 1 Slide 2 The Optimal Mark-Up and Price Discrimination Outline The optimal mark-up over cost What is price discrimination? Examples of price discrimination When is…

The Optimal Mark-Up and Price Discrimination Outline The optimal mark-up over cost What is price discrimination? Examples of price discrimination When is price discrimination…

Monopoly A monopoly is a single supplier to a market This firm may choose to produce at any point on the market demand curve Barriers to Entry The reason a monopoly exists…

Choice, Change, Challenge, and Opportunity Objectives of chapter 7: Monopolistic competition Price and output in monopolistic competition Monopolistic competition and efficiency…