Lecture Understanding economics (2nd edition): Chapter 6 - Mark Lovewell, Khoa Nguyen

Chapter 6 - Monopoly and imperfect competition. In this chapter you will: Consider the demand conditions faced by monopolists, monopolistic competitors, and oligopolists; see how monopolists, monopolistic competitors, and oligopolists maximize profits; learn about nonprice competition, and the arguments over industrial concentration.

Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Imperfect competition, Monopolist’s demand