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INTERACTIVE FIGURES Monopoly CHAPTER 14. Click on button to go to figure Figure 14.1 Figure 14.2 Figure 14.3(a) Figure 14.3(b) Natural Monopoly Demand.

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Presentation on theme: "INTERACTIVE FIGURES Monopoly CHAPTER 14. Click on button to go to figure Figure 14.1 Figure 14.2 Figure 14.3(a) Figure 14.3(b) Natural Monopoly Demand."— Presentation transcript:

1 INTERACTIVE FIGURES Monopoly CHAPTER 14

2 Click on button to go to figure Figure 14.1 Figure 14.2 Figure 14.3(a) Figure 14.3(b) Natural Monopoly Demand and Marginal Revenue Marginal Revenue and Elasticity: Demand and Marginal Revenue Marginal Revenue and Elasticity: Total Revenue

3 Click on button to go to figure Figure 14.5 Figure 14.6(a) Monopoly’s Smaller Output and Higher Price The Inefficiency of Monopoly: Perfect Competition Figure 14.4(a) Figure 14.4(b) A Monopoly’s Profit-Maximizing Output and Price: Total Revenue and Total Cost A Monopoly’s Profit-Maximizing Output and Price: Demand, Marginal Revenue, and Marginal Cost Table 14.1 A Monopoly’s Output and Price Decision

4 Click on button to go to figure Figure 14.9 Figure 14.10 Price Discrimination Perfect Price Discrimination Figure 14.7 Figure 14.8 Rent-Seeking Equilibrium A Single Price of Air Travel Figure 14.6(b) The Inefficiency of Monopoly: Monopoly

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