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12 Cards in this Set

  • Front
  • Back

Economies of Scale as a cause of monopoly

Competitive firm's demand curve

A monopolist's demand curve

Demand and Marginal-revenue curves for a Monopoly

Profit maximization for a monopoly

The Monopolist's Profit

The Market for Drugs

The Efficient level of output

The inefficiency of a monopoly

Monopolist with a single price

Monopolist with perfect price discrimination

Marginal-cost pricing for a natural monopoly