WORK FOR SALE

        CYCLOPES
 IRFANI AUSRI, PRIYANKA JHAVERI,
DALIA RAMADAN, STEVEN SUNG WON
               JANG
INTRODUCTION

Cyclopes
-Ruthless

Products:
- End of Year Tests
- Pre-Ordered Essays
Nature of Monopoly


-Single firm dominates the entire market

- No substitute

- Has price power

- Determines either qua...
HOW WE DETERMINE COSTS
HOW WE DETERMINE REVENUES
HOW WE DETERMINE PROFIT
HOW WE DETERMINE PROFIT
HOW WE DETERMINE PROFIT
HOW WE DETERMINE PROFIT
PROS AND CONS OF OUR MARKET
       Monopoly               Perfect Competition



       - Maximum Control of - Low barrier...
WHY WE ARE SUCCESSFUL

* Have market play

* Highly demanded

* Low Cost - Abnormal Profit

* Tight barriers
Dominating sc...
Theory Of Firms
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Theory Of Firms

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Theory Of Firms

  1. 1. WORK FOR SALE CYCLOPES IRFANI AUSRI, PRIYANKA JHAVERI, DALIA RAMADAN, STEVEN SUNG WON JANG
  2. 2. INTRODUCTION Cyclopes -Ruthless Products: - End of Year Tests - Pre-Ordered Essays
  3. 3. Nature of Monopoly -Single firm dominates the entire market - No substitute - Has price power - Determines either quantity or price
  4. 4. HOW WE DETERMINE COSTS
  5. 5. HOW WE DETERMINE REVENUES
  6. 6. HOW WE DETERMINE PROFIT
  7. 7. HOW WE DETERMINE PROFIT
  8. 8. HOW WE DETERMINE PROFIT
  9. 9. HOW WE DETERMINE PROFIT
  10. 10. PROS AND CONS OF OUR MARKET Monopoly Perfect Competition - Maximum Control of - Low barrier of entry Pros Prices - Inefficient - Based on price Cons - Lack of Innovation - Lack of product variety - Diseconomies of - Can't control price scale
  11. 11. WHY WE ARE SUCCESSFUL * Have market play * Highly demanded * Low Cost - Abnormal Profit * Tight barriers Dominating scant resources

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