Monopoly Output and Welfare: The Role of Curvature of the Demand Function.

Malueg, David A.

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Peer reviewed

ERIC Number: EJ490114

Record Type: Journal

Publication Date: 1994

Pages: N/A

Abstractor: N/A

ISBN: N/A

ISSN: ISSN-0022-0485

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Monopoly Output and Welfare: The Role of Curvature of the Demand Function.

Malueg, David A.

Journal of Economic Education, v25 n3 p235-50 Sum 1994

Discusses linear demand functions and constant marginal costs related to a monopoly in a market economy. Illustrates the demand function by using a curve. Includes an appendix with two figures and accompanying mathematical formulae illustrating the concepts presented in the article. (CFR)

Descriptors: Capitalism, Cost Effectiveness, Economic Factors, Economic Research, Economics, Efficiency, Higher Education, Supply and Demand

Publication Type: Reports - Descriptive; Journal Articles

Education Level: N/A

Audience: Teachers; Researchers; Practitioners

Language: English

Sponsor: N/A

Authoring Institution: N/A

Grant or Contract Numbers: N/A

Author Affiliations: N/A