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Monopoly behavior - PowerPoint PPT Presentation

Chapter Twenty-Five

Chapter Twenty-Five. Monopoly Behavior. How Should a Monopoly Price?. So far a monopoly has been thought of as a firm which has to sell its product at the same price to every customer. This is uniform pricing . Can price-discrimination earn a monopoly higher profits?.

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Monopoly Behavior

Monopoly Behavior. Price discrimination: first, second and third degree. Bundling. Two-part tariffs. First-Degree Price Discrimination. Monopolist sells different units of output for different prices, and prices may differ from person to person. Idealized concept.

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Monopoly behavior - PowerPoint PPT Presentation

Chapter Twenty-Five

Monopoly Behavior