微观经济学及财务管理知识分析(ppt 111页)

微观经济学及财务管理知识分析(ppt 111页)简介：

Monopoly
1) One seller - many buyers
2) One product (no good substitutes)
3) Barriers to entry

The monopolist is the supply-side of the market and has complete control over the amount offered for sale.
Profits will be maximized at the level of output where marginal revenue equals marginal cost.

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