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Regulating of natural monopoly

Regulating of natural monopoly

Natural monopoly that enjoys large-scale economy presents a troubling conflict between profit maximization and efficiency maximization. With perfect price discrimination, this conflict can be avoided without government regulation
Keywords:
perfect price discrimination, regulation, efficiency maximization, natural monopoly, profit maximization
Disciplines:
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More about this material

Material Type:
Animation
Date Added to MERLOT:
December 24, 2008
Date Modified in MERLOT:
July 29, 2015
Author:
 
Submitter:
K K Fung
Primary Audience:
College General Ed, College Lower Division, College Upper Division
Technical Format:
Website, Flash
Mobile Compatibility:
Not specified at this time
Technical Requirements:
Flash player
Language:
English
Cost Involved:
No
Source Code Available:
No
Accessibility Information Available:
Unknown
Creative Commons:
Creative Commons License
This work is licensed under a Attribution-NonCommercial-ShareAlike 3.0 United States

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