Week 2_12 Monopoly in Practice
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Get to know Basic Concepts: -- Economic profit allows for investment in research and development (R&D). -- Economic profit leads to higher price for consumers. |
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Question: How is Google able to dominate the market? Please read this news with Mr. Henk Jager. http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=5&pid=53&aid=1 Links to an external site. Discuss with fellow students in Discussion Forum. |
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Watch the Video: Download the course slides Download Download the course slides and Go to the Quiz. |