Write a summary paper about the Chapter 25 "Monopoly and Price Discrimination".
On college campuses across the country, beverage companies like Coca Cola and Pepsi pay cash in exchange for monopoly power--exclusive rights to sell beverages on campus.
1. Describe and explain a monopolist's output decision.
2. Explain why a monopoly is socially inefficient.
3. Identify the tradeoffs associated with a patent.
4. Describe the practice of price discrimination.
Attachment:- Chapter Monopoly and Price Discrimination.pdf