Market Structures: Monopoly Slide 2 presents a table that can be printed for each student. For best results, use "landscape" page orientation. Slides 3.

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Presentation transcript:

Market Structures: Monopoly Slide 2 presents a table that can be printed for each student. For best results, use "landscape" page orientation. Slides 3 through 10 plots and draws marginal revenue, marginal cost, average total cost, and average revenue (demand), respectively. Slide 11 presents the profit maximizing output and price for the monopolist. Slide 12 presents the total revenue received by the monopolist. Slide 13 presents the economic profit received by the monopolist. Slide 14 presents the total costs for the monopolist.

Market Structures: Monopoly QTCMCATCTRMRAR

costs/revenue quantity Market Structures: Monopoly

MR costs/revenue quantity Market Structures: Monopoly

MR costs/revenue quantity Market Structures: Monopoly

MC MR costs/revenue quantity Market Structures: Monopoly

MC MR costs/revenue quantity Market Structures: Monopoly

MC ATC MR costs/revenue quantity Market Structures: Monopoly

MC ATC MR costs/revenue quantity Market Structures: Monopoly

MC ATC AR (D) MR costs/revenue quantity Market Structures: Monopoly

MC ATC AR (D) MR costs/revenue quantity Market Structures: Monopoly

MC ATC AR (D) MR costs/revenue quantity Market Structures: Monopoly

MC ATC AR (D) MR costs/revenue quantity Market Structures: Monopoly

MC ATC AR (D) MR costs/revenue quantity Market Structures: Monopoly

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