In this course, you will :
- The final module of the Power of Markets course begins by further exploring firm behavior in imperfectly competitive market setting.
- How firms with monopoly power can increase profits through price discrimination; and the price-output combinations.
- We can expect firms to select in cases of monopolistic competition and oligopoly. We will also analyze monopolies from an efficiency perspective and look at the effects of imperfect information on firm and consumer behavior.