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Cataloged Resource Summary

 

Title

Monopoly

Categories

Production and Firm Behavior
Industrial Organization
Market Structure

Type

Article

Description

A monopoly is an industry in which there is one seller. Because it is the only seller, the monopolist faces a downward-sloping demand curve, the industry demand curve. This article explains whether a monopoly is desirable or not.

URL

http://ingrimayne.com/econ/Monopoly/Monopoly.html

Home URL

http://ingrimayne.com/econ/MicroIndex.html
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