Monopoly types AP + Graphs
BAEB602 Chapter 7: Monopoly
Monopoly 15 Monopoly Monopoly is business at the end of its journey. — Henry Demarest Lloyd CHAPTER 15 Copyright © 2010 by the McGraw-Hill Companies, Inc.
© 2007 Thomson South-Western, all rights reserved N. G R E G O R Y M A N K I W PowerPoint ® Slides by Ron Cronovich 14 E S S E N T I A L S O F F O U R.
Lecture 11: Monopoly Readings: Chapter 13. Monopoly Q: How realistic is the perfectly competitive model of supply? A: Very few industries have firms.
Review Exercise (1) #3, p.344 PRGE True or False? A profit maximizaing monopoly faces a demand with constant price elasticity of -2. His marginal cost.
Review Exercise (1)