Eval

• 1.Will dynamic efficiency actually occur ?

  • lots more can happen with the SNP firms make :

  > Give it to shareholders via higher dividends

  > Save it

  > Increase Wages

  > pay of debts
• 2. Economies of Scale or Diseconomies of Scale

  • Depends on the size of the firm
• 3. Aim

  • objective of the monopolist is sales maximising instead of maximising profit
• 4.Regulated Monopoly 


  • can reduce some of the negative impacts
• 5. Price discrimination


  • can exaggerate the negatives of monopolies , inequalities monopolies can create
• 6. Competition or threat of

  • strong competition within a monopoly
• 7. Natural Monopoly 


  • is the Monopoly natural or not
• 8. type of good / service

  • if the good is luxury , then we don't mind paying a bit higher as a constant re investment