Lec11 - a. Changing all customers the same price c. Price...

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Monopoly = price searcher a. Barriers to entry a. Research and patents b. Economies of scale c. Owner of raw materials d. Predatory competition e. Licensing other Government approved restrictions b. Marginal Revenue less than price – spoiling the market
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Unformatted text preview: a. Changing all customers the same price c. Price discrimination Changing different prices for the same good or service a. Must be able to prevent relate d. Monopoly vs. Perfect competition...
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This note was uploaded on 10/02/2011 for the course ECON 200 taught by Professor Cramer during the Spring '07 term at University of Arizona- Tucson.

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