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About Monopoly Industries. How monopolies are protected from competition, technological advantages, and certain configurations of demand and supply

Name: About Monopoly Industries. How monopolies are protected from competition, technological advantages, and certain configurations of demand and supply
Price: 5.99 EUR
Availability: InStock
Author: Peter Rössel
ISBN: 978-3-668-60694-4

Academic Paper, 2017

5 Pages, Grade: 1

Peter Rössel (Author)

Abstract or Introduction

This paper is about monopoly industries. During this work I will outline how monopolies are protected from competition, including laws that prohibit competition, technological advantages, and certain configurations of demand and supply. Furthermore, I will then discuss how a monopoly will choose its profit-maximizing quantity to produce and what price to charge. Lastly comes the exploration of how monopolistically competitive firms choose their profit-maximizing level of output.

Details

Title: About Monopoly Industries. How monopolies are protected from competition, technological advantages, and certain configurations of demand and supply
College: Post University
Grade: 1
Author: Peter Rössel (Author)
Year: 2017
Pages: 5
Catalog Number: V385840
ISBN (eBook): 9783668606944
File size: 431 KB
Language: English
Keywords: about, monopoly, industries

Quote paper: Peter Rössel (Author), 2017, About Monopoly Industries. How monopolies are protected from competition, technological advantages, and certain configurations of demand and supply, Munich, GRIN Verlag, https://www.grin.com/document/385840

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