Teaching PowerPoints
Revision Presentation - Price and Output under Monopoly
- Level:
- A-Level
- Board:
- AQA, Edexcel, OCR, IB
Last updated 22 Mar 2021
This is a revision presentation on the standard theory of monopoly as a market structure.
A pure monopolist is a single supplier that dominates the entire market – the market has 100% concentration
In reality – the UK Competition and Markets Authority (CMA) deems that working monopoly is any firm with greater than 25% of the industries' total sales
A dominant firm is a firm that has at least 40% of their given market
You might also like
![](https://tutor2u-net.imgix.net/user-photos/gbr_profile.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
Telecoms Contestability - OFCOM acts
15th May 2015
![](https://tutor2u-net.imgix.net/user-photos/jon-clark.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
CPD: Theory of the firm
27th November 2015
Internal Economies of Scale
Topic Videos
Understanding Imperfect Competition
Topic Videos
Welfare Loss from Monopoly Pricing
Topic Videos
![](https://tutor2u-net.imgix.net/user-photos/gbr_profile.jpg?auto=compress%2Cformat&crop=focalpoint&fit=crop&fp-x=0.5&fp-y=0.5&h=100&q=80&w=100)
Why are insulin prices so high in the United States?
9th March 2023