[EM-Sofyan] Monopoly and Monopsony Market
Chap008 lecture
CHAPTER 12. MONOPOLY McGraw-Hill/IrwinCopyright © 2008 by The McGraw-Hill Companies, Inc. All rights reserved.
Maximizing Profit: Profit = Total Revenue - Total Cost Total Revenue (TR) = P × Q Average Revenue (AR) = TR÷Q = Chapter 9:
Monopoly. Learning Objectives: What is a Monopoly? What are the sources of Monopoly power? How does a Monopoly choose how much to produce and what price.
Chapter 10 Microeconomics
Monopoly
Fernando & Yvonn Quijano Prepared by: Market Power: Monopoly and Monopsony 10 C H A P T E R Copyright © 2009 Pearson Education, Inc. Publishing as Prentice.
Monopoly. Chapter Outline ©2015 McGraw-Hill Education. All Rights Reserved. 2 Defining Monopoly Five Sources Of Monopoly The Profit-maximizing Monopolist.
Monopoly 12-1 Chapter 12 Market structure or environment in which one firm produces a good or service with no close substitutes.
ch10.pptx