Monopoly Market Structure
Автор: E.Z. Classes
Загружено: 2018-11-03
Просмотров: 34899
Описание:
In Monopoly Market Structure there is only one firm prevailing in a particular industry. The monopolist decides the price of the product since it has the market power. This makes the monopolist a price maker. Monopolists can sometimes use price discrimination where they charge different prices on the same product for different consumers. This depends on market conditions.
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