Monopoly revenue

Ebook Managerial economics: Theory and practice - Part 1 presents the following content: Chapter 1: introduction, chapter 2: introduction to mathematical economics, chapter 3: the essentials of demand and supply, chapter 4: additional topics in demand theory, chapter 5: production, chapter 6: cost, chapter 7: profit and revenue maximization, chapter 8: market structure: perfect competition and monopoly.

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Ebook Diploma in business management: Economic principles and their application to business – Part 1 presents the following content: Study unit 1 the economic problem and production; study unit 2 consumption and demand; study unit 3 demand and revenue; study unit 4 costs of production; study unit 5 costs, profit and supply; study unit 6 markets and prices; study unit 7 market structures: perfect competition versus monopoly; study unit 8 market structures and competition: monopolistic competition and oligopoly.

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Lecture Economics for Managers - Chapter 7: Monopoly. After studying this section will help you understand: monopoly structure - monopoly, price versus marginal revenue, profit maximization, the production decision, the monopoly price,...

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Chapter 18 - Competition and monopoly. After completing this unit, you should be able to: Understand how firms determine the optimal level of output, demonstrate the differences in output choices between firms in perfect competition and monopoly, compare profits for perfectly competitive firms and monopolies,…

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Chapter 18 - Competition and monopoly. After completing this unit, you should be able to: Understand how firms determine the optimal level of output, demonstrate the differences in output choices between firms in perfect competition and monopoly, compare profits for perfectly competitive firms and monopolies,…

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Chapter 11 - Monopoly. In this chapter students will be able to: Define monopoly and show what a monopolist’s demand and marginal revenue curves look like, explain why a monopolist’s profit-maximizing output is where marginal revenue equals marginal cost, describe why the extent to which a monopolist’s price exceeds marginal cost is larger the more inelastic the demand faced by the monopolist,...

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Chapter 14 - Monopoly, in this chapter you will learn: Why monopolies exist and how they cause barriers to entry? Why monopolists are constrained by demand? How monopolists set price and quantity? What social welfare losses are associated with monopolies?....

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After studying this chapter you will be able to: explain how the foreign exchange rate reflects the demand and supply of goods, services, and assets, and the other flows that make up the balance of payments.

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In this chapter you will learn: Why monopolies exist and how they cause barriers to entry? Why monopolists are constrained by demand? How monopolists set price and quantity? What social welfare losses are associated with monopolies?....

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After studying this chapter you will be able to understand: How external costs and benefits affect tradeoffs? What effects externalities have on market price, quantity, and surplus? What private solutions to externalities exist? How taxes, subsidies, quantity regulations, and tradable allowances can be used to counteract an externality?

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In this chapter you will learn: What the difference is between rival and excludable goods and services? What the free-rider problem is and what its consequences are? What the tragedy of the commons is and what its consequences are? How and when social norms, government regulation, and expansion of property rights can be used to solve problems with public goods or common resources?

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In this chapter you will learn: What the major public policy goals of taxation are? How deadweight loss and administrative costs contribute to the inefficiency of a tax? How taxes effect business revenue? What differences exist between proportional, progressive, and regressive taxes?...

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In this chapter you will learn: What the features of oligopoly and monopolistic competition are? How to calculate the short‐run and long‐run profit‐maximizing price and quantity for a monopolistically competitive firm? What the welfare costs of monopolistic competition are?...

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In this chapter you will learn: What the definition is and root causes of comparative advantage? How to determine whether a country will become a net‐importer/exporter of a good? How to calculate change in surplus under trade? What the effects of tariffs and quotas are on quantity, price, and welfare?...

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In this chapter you will learn: What the difference is between relative and absolute measures of poverty? How to explain different methods of measuring income inequality? How income mobility differs from income equality?

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After studying this chapter you will be able to understand: How to define choice architecture, and how nudges influence individual decision making? In what ways human decision‐making does not conform to the model of full information and rational choices? How demand for commitment devices can be rational?...

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In this chapter you will learn: How economists measure employment and unemployment? How minimum wage rates and unionization can cause unemployment? Why there is a natural rate of unemployment? Why there is a cyclical component of unemployment?

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After studying this chapter you will be able to understand: What the components of aggregate demand (AD) are and why the AD curve slopes downward? What the components of aggregate supply (AS) are and why the AS curve slopes upward? What factors shift AD and AS? What differences exist between the short and long run?

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After studying this chapter you will be able to understand: How to define financial markets and the market for loanable funds? What factors affect supply and demand for loanable funds? What differences exist between debt, equity, and their associated assets?...

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In this chapter you will learn: How to calculate gross domestic product (GDP)? Why each component of GDP is important? What different approaches are used to calculate GDP? What the difference is between real and nominal GDP?...

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