Grade Booster exam workshops for 2024. Join us in to Birmingham, Bristol, Leeds, London, Manchester and Newcastle Book now

Teaching PowerPoints

Revision Presentation - Price and Output under Monopoly

AQA, Edexcel, OCR, IB

Last updated 22 Mar 2021

This is a revision presentation on the standard theory of monopoly as a market structure.

Economics of Monopoly

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

© 2002-2024 Tutor2u Limited. Company Reg no: 04489574. VAT reg no 816865400.