What Causes a Monopoly? | Microeconomics
Monopolies are market structures in which a firm is the sole seller of a product without close substitutes. Let's review what a monopoly is, how to spot a monopoly, and five main categories of monopoly power: exclusive control over crucial inputs, intellectual property like patents, network economies, licenses or franchises, and economies of scale.
Get more homework help from Chegg at https://che.gg/3HbtG8Y
Watch the whole Microeconomics playlist: • Microeconomics
About Chegg:
Chegg is a leading education technology company that provides students with affordable and accessible study resources. Chegg's mission is to help students save time, save money and get smarter.
Subscribe: / @chegg
TikTok: / chegg
Instagram: / chegg
Twitter: / chegg
00:00 Intro
00:29 Defining monopoly
01:27 Recognizing a monopoly
02:15 Determinants of market power
Смотрите видео What Causes a Monopoly? | Microeconomics онлайн без регистрации, длительностью часов минут секунд в хорошем качестве. Это видео добавил пользователь Chegg 17 Июль 2024, не забудьте поделиться им ссылкой с друзьями и знакомыми, на нашем сайте его посмотрели 29,31 раз и оно понравилось 1 людям.