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About Monopoly Industries. How monopolies are protected from competition, technological advantages, and certain configurations of demand and supply

eBook
ISBN/EAN: 9783668606944
Umbreit-Nr.: 4531058

Sprache: Englisch
Umfang: 5 S., 0.43 MB
Format in cm:
Einband: Keine Angabe

Erschienen am 09.01.2018
Auflage: 1/2018


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Format: PDF
DRM: Nicht vorhanden
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  • Zusatztext
    • Academic Paper from the year 2017 in the subject Economics - Micro-economics, grade: 1, Post University, language: English, abstract: This paper is about monopoly industries. During this work I will outline how monopolies are protected from competition, including laws that prohibit competition, technological advantages, and certain configurations of demand and supply. Furthermore, I will then discuss how a monopoly will choose its profit-maximizing quantity to produce and what price to charge. Lastly comes the exploration of how monopolistically competitive firms choose their profit-maximizing level of output.
  • Kurztext
    • Academic Paper from the year 2017 in the subject Economics - Micro-economics, grade: 1, Post University, language: English, abstract: This paper is about monopoly industries. During this work I will outline how monopolies are protected from competition, including laws that prohibit competition, technological advantages, and certain ...