Chapter 8 Market Structure Monopoly and Monopolistic Competition Slides: 12 Download presentation Chapter 8 Market Structure: Monopoly and Monopolistic Competition © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition FIGURE 8. 1 A The Monopoly Model with Positive Economic Profit © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition FIGURE 8. 1 B The Monopoly Model with Negative Economic Profit or Losses © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition FIGURE 8. 2 A The Perfectly Competitive Firm © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition FIGURE 8. 2 B The Monopoly Firm © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition FIGURE 8. 3 Comparing a Perfectly Competitive and a Monopolistic Industry © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition EQUATION 8. 1 Measures of Market Power © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition TABLE 8. 1 Measures of Market Power, Selected Manufacturing Industries (1997) © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition FIGURE 8. 4 A Monopolistic Competition, Short Run © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition FIGURE 8. 4 B Monopolistic Competition, Long Run © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition UNFIGURE 1 © 2014 Pearson Education, Inc. chapter 8 Market Structure: Monopoly and Monopolistic Competition UNFIGURE 2 © 2014 Pearson Education, Inc.