CH13-MODELS-OF-MONOPOLY(微观经济学-(-南开大学-Lee--Junqing)).pptVIP

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CH13-MODELS-OF-MONOPOLY(微观经济学-(-南开大学-Lee--Junqing)).ppt

Chapter13MODELSOFMONOPOLY

CONTENTSMonopolyProfitMaximizationandoutputchoiceMonopolyandResourceAllocationMonopolyandProductQualityanddurabilityPriceDiscriminationRegulationofMonopolyDynamicViewsofMonopoly

Monopoly

MonopolyAmonopolyisasinglesuppliertoamarketThisfirmmaychoosetoproduceatanypointonthemarketdemandcurve

BarrierstoEntryThereasonamonopolyexistsisthatotherfirmsfinditunprofitableorimpossibletoenterthemarketBarrierstoentryarethesourceofallmonopolypowertherearetwogeneraltypesofbarrierstoentrytechnicalbarriersl

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