主导企业价格与输出决心-英文版.pptVIP

Additional Problems with Monopoly Technical Inefficiency monopolists may be lax on costs Rent-seeking Behavior firms may spend great sums to preserve monopoly power. Higher Incidence of Discrimination textiles agriculture vs plumbing electrical work Less Technologically progressive Q MC MC’ added costs monopolists as less than modern or efficient Monopoly Pricing Regression results for Land’s End Sportswear: Log Q = - .4 -1.7 Log P + 1.2 Log Y ( 3 . 2) ( 4. 5) Let MC of imported sports jacket be $19.50, find the Monopoly Price for a Land’s End j