微观经济学 双语课件 第8章 完全垄断市场 CH8 Monopoly.pptVIP

Monopoly Chapter 8 Content Monopoly and How It Arises Price Discrimination Government Intervention Single-Price Monopoly 8.1 Monopoly and How It Arises 8.1.1 Monopoly A monopoly is a market with a single supplier of a good or service that has no close substitutes and in which natural or legal barriers to entry prevent competition Conditions: Single seller No close substitutes The firm is a “price maker” High Barriers 8.1.2 How Monopoly Arises Nature monopoly Economies of scale One larger firm can meet the entire market demand at a lower price than two or more firms could Legal monopoly The g