Slide 1Monopoly and Antitrust Slide 2 Inefficiency of Monopoly Competitive Outcome P = P C = MC Q = Q C Monopoly Outcome P M > P C = MC Q = Q M < Q C MR D MC QMQM PMPM…
Slide 1 KATHOLIEKE UNIVERSITEIT LEUVEN ENERGY INSTITUTE Pricing and Liberalisation Pricing in a Liberalised Energy Market Guido Pepermans Economics Department and Energy…