Lecture 17
Elasticity of Demand
Managerial Economics
Monopoly of Indian Railways
Monopoly
Lecture 4 & 5 18.02.13
Pure Monopoly
15 monopoly (1)
Increasing Returns and Economic Efficiency. More Seriously Learning costs, indivisibilities giving rise to sizable fixed costs. Information and knowledge.
Competitive firms and Markets Perloff chapter 8. Competition Firms are price takers. –Firms demand curve is horizontal. Reasons for a horizontal demand.
CH 25 Review Monopolies. The market structure where there is a single supplier of a good or service for which there is no close substitute is A.Oligopoly.
Copyright©2004 South-Western 15 Monopoly. Copyright © 2004 South-Western What’s Important in Chapter 15 Sources of Monopolies (= Price Makers = Market.
