TheBusinessProfessor
  • Home
  • Academy
  • SearchBase
  • Membership
    • Account
Select Page

Cooperation in a Kinked Demand Curve

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

How does Cooperation Affect the Kinked Demand Curve? Because oligopolists cannot sign a legally enforceable contract to act like a monopoly, the firms may instead keep close tabs on what other firms are producing and charging. Alternatively, oligopolists may choose to...

Measuring Monopoly Power in an Industry

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What are Some Other Approaches to Measuring Monopoly Power in an Industry? Both the four-firm concentration ratio and the Herfindahl-Hirschman index share some weaknesses. First, they begin from the assumption that the “market” under discussion is well-defined, and...

Restrictive Practices under Antitrust Law

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What are Restrictive Practices under Antitrust Law? Antitrust law includes rules against restrictive practices – practices that do not involve outright agreements to raise price or to reduce the quantity produced, but that might have the effect of reducing...

Cost-Plus Regulation (Antitrust) – Explained

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What is Cost-Plus Regulation? Cost-plus regulation is where regulators calculate the average cost of production, added in an amount for the normal rate of profit the firm should expect to earn, and set the price for consumers accordingly. This method was known as...

Long Run Market Entry and Exits

by TheBusinessProfessor | Feb 23, 2025 | Economic Analysis & Monetary Policy

What Guides Decisions to Enter or Exit a Market in the Long Run? It is impossible to precisely define the line between the short run and the long run with a stopwatch, or even with a calendar. It varies according to the specific business. Therefore, the distinction...
« Older Entries
Next Entries »

Designed by Elegant Themes | Powered by WordPress