lecture 18

lecture 18 - Costs too high Innovation too low P>MC...

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The theory of monopoly, cont’d Cartel free-riders and cheaters OPEC Cartel Economic objections to monopoly Too much profit
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Unformatted text preview: Costs too high Innovation too low P>MC Price-makers and price discrimination The “no-profit” monopolist...
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This note was uploaded on 04/20/2008 for the course ECON 201 taught by Professor Williams during the Fall '08 term at UVA.

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