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Ashley Hay
Mind Map by , created more than 1 year ago

Advanced placement Microeconomics (Imperfect Competition ) Mind Map on Monopoly, created by Ashley Hay on 17/03/2016.

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Ashley Hay
Created by Ashley Hay about 9 years ago
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Monopolybarriers to entryno close substitutesgreat deal of influence"price searchers"one sellercontrols info in marketex: small town store,garbage collection,concession standspatentseconomiesof scalesize of marketexclusiveownership ofraw materiallarge capitalinvestmentrequiredgovt actions(tariffs, licences,etc)Double click this nodeto edit the textClick and drag this buttonto create a new node