econ 1

what industry do we see price discrimination? what industry do we see heavy marketing at what point does a perfectly comp firm shut down the plant and @ what point does it keep it running bonus: diseconomies of scale – what is happening to the ATC curve and what does min efficient scale mean 90 seconds

monopoly monop comp priceAVC diseconomies, they’re atc is increasing as they expand

Monopoly = price discrimination Monopolisitic Comp = Marketing Run the plant is covering variable costs but shut down is hitting fixed cost line.

monopoly monopolistic competition p=mc

getterdone Wrote: ------------------------------------------------------- > monopoly > > monop comp > > priceAVC > > diseconomies, they’re atc is increasing as they > expand kudos