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
Telecoms Contestability - OFCOM acts
15th May 2015
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
Why are insulin prices so high in the United States?
9th March 2023
In the News Teaching Activity – Card Factory profits slump (Sept 2024)
30th September 2024