What is monopoly?

Need Help With your assignment? Get expert academic writing assistance! We can write any paper on any subject within the tightest time.

Hire A Writer

Week 9: Interactive activity
9.1 Learning Outcomes
1 Describe and explain a monopolist’s output decision
2 Explain the negative consequences of a monopoly
3 Identify the trade-offs associated with a patent
4 Describe the practice of price discrimination
9.2 Action Required:
Reading
Read the following to prepare for this week:
Survey of Economics, Chapter 7: Monopoly and Price Discrimination
Video:
MIT OpenCourseWare video lecture series, “Monopoly”
9.3 Test your Knowledge (Question):
Watch the following video(s), which you can access in the Weekly Media object or by clicking on the link(s) below: and answer the question.
:
Question: What is monopoly? Why a monopolist is referred as price maker?
9.4 Instructions
Answer the question in test your knowledge section.
Post your answer in the discussion board using the discussion link below (Week9: Interactive learning Discussion)
from 150 to 200 words

Need Help With your assignment? Get expert academic writing assistance! We can write any paper on any subject within the tightest time.

Hire A Writer

Leave a comment