Is it good to have an excess profit tax
Problem: Is it good to have an excess profit tax?
Do unexpected monopolistic profit serve any useful function in the market economy?
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Suppose that in a perfectly competitive industry the equilibrium industry quantity is 10,000 units. Suppose that the monopoly output is 5,000. For a 2-firm Cournot Oligopoly (N =2) known as a duopoly, what is a likely Cournot QUANTITY for the indu
Microsoft has been a giant in the software industry. Can we define Microsoft as a monopoly? Please explain. In addition, whether the Learner Index works well to define the market power for Microsoft in the software industry? Explain your answer.
Problem: Is it good to have an excess profit tax? Do unexpected monopolistic profit serve any useful function in the market economy?
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Explain the difference between the demand curve facing a monopoly firm and the demand curve facing a perfectly competitive firm.
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