In this video I look at what is a monopoly? what characteristics does it have? Why might a firm want to be one? How does it do its pricing? What does a monopoly diagram look like? What efficiencies are associated with a monopoly? What are the costs and benefits to consumers?
Also, there is a supporting booklet to the video attached below.
Monopoly by Komilla Chadha by Komilla Chadha
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