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Microeconomics II
book

Microeconomics II

by D.N. Dwivedi
August 2011
Intermediate to advanced content levelIntermediate to advanced
368 pages
14h 51m
English
Pearson India
Content preview from Microeconomics II
Price and Output Determination Under Monopoly 61
is conclusion is obvious in Figure 3.17. It is thus proved that, under certain given revenue and cost
conditions, price discrimination yields a higher revenue than the uniform pricing
MONOPOLY VS. PERFECT COMPETITION
is section answers the question whether perfect competition or monopoly is more desirable from
society’s point of view. is question can be answered (i) by comparing the price and output in the two
kinds of markets and (ii) by measuring the deadweight loss under the two kinds of market conditions.
Comparison of Long-run Price and Output
Comparison of long-run price and outp ...
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Publisher Resources

ISBN: 9788131797655