Economics for Managers

Kazakhstan Institute of Management, Economics, and Planning

Summer, 2001

Meeting Eight

 

Topics for the Day:

Monopoly

Natural Monopoly

Game Theory

 

Quiz 7 (Use your books)

  1. Why are natural monopolies sometimes encouraged?
  2. Why are natural monopolies often regulated by government?
  3. Beside large fixed costs, what other barriers to entry might allow monopoly production.

 

Presentations and graphs

 
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