Monopoly

Prepared By ›› Mayur Ashar ›› Vishal Katarmal ›› Dipti Hirpara ›› Dhara Nakhva ›› Sejal Raval Guided By : Kunal Sir Bhuva

What Is Monopoly ? ,[object Object],[object Object],[object Object],[object Object],[object Object]

Conditions ,[object Object],[object Object],[object Object],[object Object]

Why Monopoly Arises ? ,[object Object],[object Object],[object Object]

Causes Or Sources Of Monopoly ,[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],Examples

Monopoly v/s Perfect Competition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

MONOPOLY V/S PERFECT COMPETITION

Perfect Competitive Market ,[object Object],[object Object],[object Object],[object Object]

Monopoly Market ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Is Monopoly a Good way to Organize a Market? ,[object Object],[object Object],[object Object],[object Object]

Tools Of Welfare Economics ,[object Object],[object Object],[object Object]

Public Policy towards Monopoly

Why Public Policy is required? ,[object Object],[object Object]

Policy makers can respond to the Problem of Monopoly in One of four ways: ,[object Object],[object Object],[object Object],[object Object]

(1) Increasing Competition with Antitrust Laws: ,[object Object],[object Object],[object Object]

[object Object],[object Object]

(2)Regulating the Behavior of Monopolies: ,[object Object],[object Object],[object Object],[object Object]

(3)Public Ownership: ,[object Object],[object Object]

(4)Doing Nothing: ,[object Object],[object Object]

Price Discrimination Under Monopoly

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Price Discrimination Under Monopoly Content :

Meaning of price discrimination ,[object Object]

Motives of price discrimination To acquire maximum consumer surplus To gain market power

Necessary Conditions for price discrimination ,[object Object],[object Object],[object Object]

Examples of price discrimination ,[object Object],[object Object],[object Object],[object Object],[object Object]

Benefits of price discrimination ,[object Object],[object Object],[object Object]

Limitations of price discrimination ,[object Object],[object Object],[object Object]

Case At A Glance ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

DeBeers Diamond Co.-Classic Example of Monopoly

[object Object],[object Object],[object Object],[object Object]

How much market power does DeBeers have? ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object]

Monopoly

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Monopoly