Monopoly + test

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Uploaded: 31.05.2013
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Introduction 3
1 Symptoms of pure monopoly 4
2 Profit maximization in the pure monopoly 9
Conclusion 15
1). Price discrimination is;
a) the sale at different prices of the same product to different customers for the same cost of production;
b) differences in pay by nationality and sex;
c) the exploitation of workers by setting high price of consumer goods;
d) increase in the price of goods and services of higher quality;
d) all of the previous answers are incorrect;
e) all of the previous answers are correct.

2). Type of the market in which there is only one enterprise-seller;
a) monopsony;
b) a monopoly;
c) an oligopoly;
d) monopolistic competition;
d) pure competition.

References 17


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