Regulation of natural monopoly
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Regulation of natural monopoly

        

Regulation of natural monopoly

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Natural monopoly that enjoys large-scale economy presents a troubling conflict between profit maximization and efficiency maximization. With perfect price discrimination, this conflict can be avoided without government regulation
Material Type: Animation
Technical Format: Flash
Date Added to MERLOT: December 24, 2008
Date Modified in MERLOT: December 24, 2008
Author:
Submitter: K K Fung
Keywords: perfect price discrimination, regulation, profit maximization, efficiency maximization, natural monopoly

Quality

  • Reviewed by members of Editorial board for inclusion in MERLOT.
    Editor Review
    Very good quality; in queue to be peer reviewed
    avg: 5 rating
  • User Rating (not rated)
  • Comments (none)
  • Learning Exercises (none)
  • Personal Collections (none)
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About

Primary Audience: College General Ed, College Lower Division, College Upper Division
Mobile Compatibility: Not specified at this time
Technical Requirements: Flash player
Language: English
Cost Involved: no
Source Code Available: no
Accessiblity Information Available: unsure
Creative Commons: Creative Commons License
This work is licensed under a Attribution-NonCommercial-ShareAlike 3.0 United States

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