tutor2u | Monopoly - Price and Output for a Monopolist

Study Notes

Monopoly - Price and Output for a Monopolist

Level:
A Level
Board:
AQA, Edexcel, OCR, IB

Last updated 3 Jul 2018

A pure monopolist in an industry is a single seller. It is rare for a firm to have a pure monopoly – except when the industry is state-owned and has a legally protected monopoly

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