pdf, 524.94 KB
pdf, 524.94 KB

The third in a series of study resources on Microeconomics that will help provide an understanding of market failure and it’s causes.

This resource takes a look how the abuse of power by monopolist firms, and their decisions to increase price and restrict output results in a misallocation of society’s scarce resources.

  • Why governments should regulate monopolies
  • Government intervention and regulation of monopolies

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