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Monopoly and Antitrust

Monopoly and Antitrust

Monopoly and Antitrust. Inefficiency of Monopoly. Competitive Outcome P = P C = MC Q = Q C Monopoly Outcome P M > P C = MC Q = Q M < Q C. $. A. P M. B. C. P C. MC. D. MR. Q C. Q M. quantity. A+B+C. A. --. B. A+B+C. A+B. --. C. Rent-seeking may add to DWL.

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1.11k views • 81 slides
Chapter 9

Chapter 9

The Economics of Sports. FIFTH EDITION. Chapter 9. Labor Market Imperfections. Michael A. Leeds | Peter von Allmen. Introduction. While salaries grew rapidly in all the major North American team sports, they grew more rapidly in some than others

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996 views • 70 slides
Chapter 9

Chapter 9

The Economics of Sports. FIFTH EDITION. Chapter 9. Labor Market Imperfections. Michael A. Leeds | Peter von Allmen. Introduction. While salaries grew rapidly in all the major North American team sports, they grew more rapidly in some than others

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712 views • 70 slides
Monopoly Part 2

Monopoly Part 2

Monopoly Part 2. Pricing with Market Power. Price Discrimination. First Degree Price Discrimination. Second Degree Price Discrimination. Third Degree Price Discrimination. AR, AC, P. MC. N. P 2. M. P 1. T. P 3. D = AR. MR. Q. O. Q 2. Q 1. Q 3. Capturing Consumer Surplus.

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534 views • 36 slides
The Role of Economic Analysis in Healthcare Antitrust: Cutting-Edge Economics Meets the Anomalies of the Healthcare Syst

The Role of Economic Analysis in Healthcare Antitrust: Cutting-Edge Economics Meets the Anomalies of the Healthcare Syst

The Role of Economic Analysis in Healthcare Antitrust: Cutting-Edge Economics Meets the Anomalies of the Healthcare System. AHLA Antitrust Practice Group Mid-Year Luncheon Orlando, FL February 2012 Cory Capps, PhD. Topics. Hospital and health plan ownership concentration

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428 views • 23 slides
Chapter 12 The analysis of factor markets: labour

Chapter 12 The analysis of factor markets: labour

Chapter 12 The analysis of factor markets: labour. David Begg, Stanley Fischer and Rudiger Dornbusch, Economics , 6th Edition, McGraw-Hill, 2000 Power Point presentation by Peter Smith. Some important questions. Why does a top professional footballer earn so much more than a professor?

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299 views • 19 slides
Some important questions

Some important questions

Some important questions. Why does a top professional footballer earn so much more than a professor? Why does an unskilled worker in the EU earn more than an unskilled worker in India? Why do market economies not manage to provide jobs for all their citizens who want to work?

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352 views • 17 slides

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