'Monopolists' diaporamas de présentation

Profit Maximization in a Monopoly

524 views • 28 slides

Monopoly and Other Forms of Imperfect Competition

Monopoly and Other Forms of Imperfect Competition. Price Taker v. Price Setter. Perfectly Competitive Firm A firm that must take the price in the market A price taker Imperfectly Competitive Firm A firm with at least some latitude to set its own price A price setter.

689 views • 24 slides

The Basic Market Equation

The Basic Market Equation. Price Theory. What do markets do?. Do markets tell us the value of things? What is value? Why are diamonds worth more than water? Use value Exchange value Do markets tell us how scarce things are? Why did oil prices remain flat for 100 years?

481 views • 22 slides

Aim: How can we best prepare for our final exam on Wednesday and Thursday?

Aim: How can we best prepare for our final exam on Wednesday and Thursday?. Take out a pencil; get ready for the quiz Take out paper for notes Bring in your textbooks next week. The Industrial Age. Assembly line; conveyer belt factories; steam engine Mechanization- machines

238 views • 16 slides