ECN 104 Chapter Notes -Oligopoly, Monopolistic Competition
Document Summary
How monopolies make production and pricing decisions 317. Fyi: why a monopoly does not have a. Case study: monopoly drugs versus generic drugs 324. In the news: price discrimination: opportunities for arbitrage 338. Questions for review 340 problems and applications 341. Level 2 leave out 5, 7, 9, and 10. Level 4 leave out 6 and 8 to 10. The monopolistically competitive firm in the short run 348. Monopolistic competition and the welfare of society 352. In the news: insufficient variety as a market failure 354. Case study: advertising and the price of eyeglasses 356. How the size of an oligopoly affects the market outcome 369. Case study: opec and the world oil market 373. The prisoners" dilemma and the welfare of society 375. Restraint of trade and the competition act 377. Case study: collusion in quebec driving schools 378. Level 2 leave out 2 to 5 and 8 to 10. Level 3 leave out2 to 6 and 9.
