Maximum-profit equilibrium: monopoly - Реферат по прочим предметам

 

Тезисы:

  • Figure 1 is too small to indicate quickly the precise Maximum-profit position.
  • So the Maximum-profit position would fall very close to 67 units produced and sold per period.
  • Monopoly is a kind of extreme instance of competitive imperfection.
  • "Maximizing profit" means making as much money as supply conditions will permit.
  • To "maximize profit," there must be something the firm can do that will influence its profit.
  • There must be some variable which changes profit, and which the firm can control.
  • We treat the first two columns of Table 1 as representing a monopoly firm's demand schedule.
  • It is now possible to see at once why the profit-maximizing process outlined here is a simple one.
  • To review the basic ideas of "profit maximization".
  • Very few real-life firms find themselves in this position.
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