[translate] aA monopoly causes deadweight loss due to producing at the socially inefficient level of output. 独占导致负荷量损失由于生产在产品的社会上效率低水平。 [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语翻译 荷兰语翻译 瑞典语...
A single-price monopoly is inefficient because the firm has the market power to charge higher prices with less quantity sold in the market. It means...Become a member and unlock all Study Answers Start today. Try it now Create an account Ask a question Our experts can answer your tough...
How are the average revenue curve and industry demand curves the same in a monopoly?Why is it that firms can earn profits in the long run in monopoly and oligopoly, but not in monopolistic competition and perfect competition?Is a monopolist a price taker? Expl...
In economic jargon, the situation we are describing is closer to price discrimination. A monopolist capable of discriminating may extract even more consumer surplus, and thus further increase his profits, with respect to simple, uniform monopoly pricing. In our examples, the discrimination is performe...
Because of the markup, some consumers who value the good at more than the marginal cost of production (but less than the price) will be deterred from buying it. Thus, a monopolistically competitive market has the normal deadweight loss of monopoly pricing. Although this outcome is clearly ...
Because of the markup, some consumers who value the good at more than the marginal cost of production (but less than the price) will be deterred (被阻止) from buying it. Thus, a monopolistically competitive market has the normal deadweight loss of monopoly .pricing. Although tins outcome ...
These barriers faced by sustainable entrepreneurs include imperfect information, government intervention, monopoly power and deficient price mechanisms that strengthen the position of the dominant technology and the incumbents’ corresponding interests. They found that active corporate political activity can be ...
Stubbornly paralyzed because it was not part of the logic of the past government to make this country grow. We decided to make this country grow. So last year, we planted. We took care of plowing the land, fertilized it, planted the seeds, covered the seeds, and now the weather is ...
A firm produces the socially efficient quantity of output. Does this describe a monopoly firm, a monopolistically competitive firm, both, or neither? Explain. Monopolistic competition is an inefficient market structure because a. firms ...
How is the monopolistic competition like monopoly? How is it like a perfect competition? Why is a single-price monopoly inefficient? Why is a firm under a monopoly known as a price maker? Explain why price competition is rare in oligopoly. ...