Range of Monopoly Outputs

Written by Matt
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Traditionally we assume that firms aim to profit maximise. For a perfectly competitive firm this will be true as they have no choice but monopolies are price makers and so could theoretically choose a point other than profit maximisation. 

The presentation below gives you 2 options, either to revise and read through the various choices a monopoly might make or if you feel a little more confident then you can go straight for a quiz. Make sure you click right on the buttons as it can be a little sensitive.





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