Why monopoly is broken into a number of competitive parts, Macroeconomics

Assignment Help:

A monopoly is broken into a number of competitive parts. Predict the changes in output and price which are likely to take place.

Making the basic assumptions that,

 1) The individual parts of the monopoly will function as subsidiaries;

 2) Both are supposed to be profit maximisers; and

3) The monopoly had no advantages of scale, then the sum of the individual PMC firms MC curves will equivalent market supply curve - and be identical to the monopoly s MC curve.

 


Related Discussions:- Why monopoly is broken into a number of competitive parts

Determine in detail about money supply of central bank, Determine in detail...

Determine in detail about money supply of Central bank The central bank will not pay cash when it buys government securities. Instead, it will ask the seller's bank to credit t

State about the international capital flow, State about the international c...

State about the international capital flow An international capital flow is defined as movement of money for the purpose of speculation or investment between countries. It inc

What is the meaning of deindustrialisation, What is the meaning of Deindust...

What is the meaning of Deindustrialisation Deindustrialisation or structural decline of many manufacturing industries along with activities like coal mining is associated with

Forex, what is largest business in thailand

what is largest business in thailand

Discuss about the keynesian economists, Discuss about the Keynesian economi...

Discuss about the Keynesian economists The Keynesian economist A. W. Phillips developed short-run Phillips curve analysis in the 1950s. Phillips had researched the relationshi

Money supply unanticipated increase, What impact will an unanticipated incr...

What impact will an unanticipated increase in the money supply have on the real interest rate, real output, and employment in the short run? How will expansionary monetary policy a

Price of steel jumped, Your firm usually uses about 200-300 tons of steel p...

Your firm usually uses about 200-300 tons of steel per year. Last year, you purchased 100 tons of steel than needed (at a price of $200 per ton) In the meantime, the price of steel

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd