Presented By NAWNIT KUMAR CONTENTS  What is monopoly?  Characteristic of monopoly  Why barriers to entry?  Monopoly Equilibrium  Break even point  Profit…

1. MonopolyJENNIE HARRINGTON 2. Monopoly Assumptions One firm is the industry One firm exists within the industry so there is no distinction between thefirm and the…

1. Profit Maximisation under Perfect Competition and Monopoly 2. Alternative Market Structures Classifying markets (by degree of competition) number of firms freedom of entry…

1. Chapter 9 Monopoly 2. The Monopoly Market Structure What is a monopoly exactly? A monopoly is a market structure characterized by: A single seller A unique…

1. Perfect CompetitionVS Monopoly 2. 10070621-009 3. Both monopoly and perfect competition are twotypes of market structure and there are manysimilarities and differences…

1. EC2204- Business Economics6-Price and Output Determination: Monopoly 2. Learning OutcomesUpon completing this section, the student should be able to: Describe the conditions…

Slide 1 Oligopoly Slide 2 BETWEEN MONOPOLY AND PERFECT COMPETITION Imperfect competition refers to those market structures that fall between perfect competition and pure…

Slide 1 © 2005 Pearson Education Canada Inc. 16.1 Chapter 16 Game Theory and Oligopoly Slide 2 © 2005 Pearson Education Canada Inc. 16.2 Figure 16.1 The monopoly equilibrium…

Oligopoly Structure Assume Duopoly Firms know information about market demand Perfect Information Strategy Sequential Movement Quantity Stackelberg Model Price Price Leadership…

Oligopoly Structure Assume Duopoly Firms know information about market demand Perfect Information Strategy Sequential Movement Quantity Stackelberg Model Price Price Leadership…