What is predatory pricing? How might it reduce competition, and why might it be difficult to tell when it should be illegal?

Q: Why does monopoly need to be regulated?

A: A monopoly is the marketplace with only a single seller of a specfiic good as there is no close…

Q: How do  patents and economies of scale can cause monopolies to form? Give a third possible reason…

A: Entry barriers keep competitors out of the market or discourage them from doing so. Economies of…

Q: What are the advantages and disadvantages of NATURAL monopolies?

A: If a monopoly has exclusive control of a resource, or if previous ownership of capital resources…

Q: Why does monopoly arise? How does monopoly make profit and loss? Graphically explain

A: Monopoly can arise by the following :  Monopoly can arise, given that there is only one business…

Q: How does monopoly affect society’s well-being?

A: The structure of a market where there exists a single seller who is in turn selling a product in the…

Q: What is the definition of Monopoly and its example?

A: The market is introduced as a societal benefiting system. Market structure is made up of many types…

Q: Briefly explain the first, second , and third degree price discrimination

A: Price discrimination(P.D) is a strategy where different prices are charged for different customers…

Q: Is the insulin market considered as a monopoly? How and Why?

A: A monopoly market is defined as the market structure in which there is only single seller of the…

Q: Assuming the firms are Bertrand duopolists, what is likely to happen? Explain verbally?

A: In a Bertrand game, there exist only two firms producing an identical product and they choose the…

Q: f a natural monopolist practices perfect price discrimination, how does it affect the…

A: Price discrimination refers to the practice of charging different prices from different buyers. This…

Q: Why does sometimes a monopolist have the least incentive to innovate, while other times they have…

A: There are different categories of market structures. Perfect competition, monopoly, monopolistic…

Q: Why is it difficult to regulate a monopolistically competitive market to increaseefficiency?

A: Different forms of market structures differ in their level of competitiveness, ranging from highly…

Q: what is an example of parallel pricing ?

A: Parallel pricing is a method of copying other companies' pricing strategies, especially…

Q: What is a cartel? In what way is an analysis of cartel similar to an analysis of a monopoly

A: There are different types of market structure in an economy. These are- perfect competition,…

Q: If monopoly power is NOT protected by governments,

A: To find : What happens if monopoly power is not protected by government.

Q: Why is the graph of the cartel drawn exactly the same as the monopoly graph?

A: A monopoly, in contrast to a perfectly competitive firm, has the market all to itself and…

Q: Is a monopolist a price taker? Why or why not?

A: Perfect competition is the market structure with a large number of buyers and sellers who sell a…

Q: Briefly discuss how a monopolist can seek out the profit-maximizing quantity of output

A: Monopolist demand curve is downward sloping indicating that more output will be sold at lower price.…

Q: How do monopoly firms behave in the marketplace? Do they have “power?” Does this power potentially…

A: Monopoly refers to the market structure with the features of a single seller and more buyers. The…

Q: One of the sources of Monopoly market power is their Economies of Scale. What will happen when…

A: When there is economies of scale in monopoly market,monopoly firms can expand their business on a…

Q: What are the limitations of a monopoly? Provide ONE example of a policy we can use to address…

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: Why is marginal revenue below average revenue for a monopolist?

A: In monopoly markets there is a price effect and output effect..

Q: Is Monopoly Efficient?

A: A monopoly refers to the special market type with only one seller and many consumers. It is the…

Q: Is it feasible to prohibit monopolies in all markets?

A: Monopoly is a market structure where there is only one seller and many buyers. The seller has…

Q: Graphically shows how monopolist can earn profit in short-run

A: Monopoly refers to the market structure in which there is a single seller than caters to the whole…

Q: Why is the price charged by monopolist competitive firms above their marginal revenues? What is…

A: Meaning of Monopolistic Competition: The term monopolistic competition refers to the situation…

Q: If we allow the natural monopolist to charge a price that generates normal economic profit will that…

A: Normally the behavior of monopolist is regulated by government. It is common in the case of natural…

Q: Which one of the following is the condition of equilibrium for the monopolist?

A: A monopoly is an imperfect market structure in which a producer or a firm is the sole supplier of…

Q: What are the three reasons that a market might have a monopoly?

A: Monopoly denotes an industry where a single producer (or seller) gets the privelege to satisfy the…

Q: Why might monopoly arise?

A: Monopoly is a form of market where there is barriers to entry and exit as there is only one seller.…

Q: List several reasons that monopolies exist,and explain how each causes barriers to entry

A: A monopoly is a form of market – there exists only a single producer. They earn supernormal profits…

Q: How does a monopolist decide its production and pricing strategy? Explain.

A: Monopoly market: It is a kind of market where a single seller is selling goods and services which…

Q: Why is a monopolist’s marginal revenue less thanthe price of its good? Can marginal revenue ever…

A: A monopoly refers to single seller in the market with no close substitutes for his products. This…

Q: What’s the total profit in the market when the firm price discriminates between the two groups? How…

A: A monopolist produces the good that it can produce solely. When two groups are there, there are two…

Q: Why does monopoly arise?

A: A market is a place where the trading between the buyers and sellers takes place, it is divided as…

Q: Explain how monopolies employ average cost pricing

A: Monopolies have one seller and a large number of buyers. There are no close substitutes. Under…

Q: what is/ and are the characteristic of monopoly?

A: Monopoly: A monopoly is a market where there are a single seller and single buyer in the market.

Q: Which of the following is the best example of a monopoly? options: Georgia Power…

A: Monopolies are characterized by rigid entry barriers and the existence of just one supplier or…

Q: Is Facebook a natural monopoly or monopoly? Why or why not?

A: A natural monopoly is a part of monopoly. It occurs because of unique circumstances , in which…

Q: The table shows the demand curve for monster trucks. There are two monster truck producers. For…

A: DISCLAIMER “Since you have asked multiple question, we will solve the first three question for you…