Spec: what students need to learn
- Characteristics of monopoly
- Profit-maximising equilibrium
- Diagrammatic analysis
Full notes coming soon.
3.4 Monopoly and price discrimination
Content
3.4.5 (a-c) Monopoly: characteristics and equilibrium
3.4.5 (d) Third-degree price discrimination
Spec: what students need to learn
- Necessary conditions
- Diagrammatic analysis
- Costs and benefits to consumers and producers
Full notes coming soon.
3.4.5 (e) Costs and benefits of monopoly
Spec: what students need to learn
- Effects on firms, consumers, employees and suppliers
Full notes coming soon.
3.4.5 (f) Natural monopoly
Spec: what students need to learn
- Characteristics and why it arises
Full notes coming soon.
Resources
Downloads (PDF)
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