Economics Department

 

 

 

Monopoly

 Back to essays

 

1)         Monopolies are inherently inefficient and undesirable. Discuss.  

(20 marks)

 

2)         To what extent might price discrimination be considered to be socially    desirable?

(20 marks)

 

3)         “Abnormal profits arise from an abuse of monopoly power and should therefore be taxed”. Discuss.

(20 marks)