垄断是指企业面对着一条下降的需求曲线,却可以选择要价,即价格的上升不会把所有或者大部分顾客推向竞争对手。
A monopoly is a firm that faces a downward sloping demand, and has a choice about what price to charge - an increase in price doesn't send most or all of the customers away to rivals.
需求的增长使得产量随着供给曲线不断提高,由此带来的成本上升最终引起了价格的上涨。
The increase in demand moves output out along the supply curve, increasing cost and therefore price.
如果供给和需求曲线均不变,那么垄断价格和数量是多少?
3 (Exercise) If both demand and supply have constant elasticity, compute the monopoly quantity and price.
They're not price takers but they take the demand curve.
他们不是价格接受者,但面对需求曲线
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