1. Monopoly15 2. Monopoly • A firm is a monopoly if . . . • it is the only seller of its product, and • its product does not have close substitutes.CHAPTER 15 MONOPOLY2…
Slide 1Marketing Concepts Price MKTG 3110-004 Spring 2014 Mrs. Tamara L. Cohen Classes #18-19 Slide 2 KEY TERMS price barter value total revenue average revenue marginal…
Slide 1Copyright © 2008 Pearson Addison-Wesley. All rights reserved. Chapter 10 Monopoly, Cartels, and Price Discrimination Slide 2 Copyright © 2008 Pearson Addison-Wesley.…
Slide 1 Market Structure Types of market structure: –Perfect Competition –Monopoly –Monopolistic Competition –Oligopoly Discussions: –Characteristics of each market…