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 |
