1. A monopoly is a market situation where there is a single seller that has complete control over an industry due to barriers to entry that prevent competition.
2. Key features of monopolies include a single seller, no close substitutes for the product, and the ability to influence prices.
3. Monopolies can arise due to natural conditions, technologies, legal protections, or barriers that discourage new competition. They may charge higher prices but benefit from economies of scale.
The Contents Are:
Monopoly
Perfect Competition
Imperfect Competition
Oligopoly
Monopolistic Competition:
Characteristics Of Monopolistic Competition
Monopolistic Competitive Firm Earing Profit In Short Run
Monopolistic Competitive Firm Losses In Short Run
Monopolistic Competition In Long Run
Monopolistic Competition And The Welfare Of Society
Advertising
The Critique Of Advertising
The Defence Of Advertising
The Contents Are:
Monopoly
Perfect Competition
Imperfect Competition
Oligopoly
Monopolistic Competition:
Characteristics Of Monopolistic Competition
Monopolistic Competitive Firm Earing Profit In Short Run
Monopolistic Competitive Firm Losses In Short Run
Monopolistic Competition In Long Run
Monopolistic Competition And The Welfare Of Society
Advertising
The Critique Of Advertising
The Defence Of Advertising
This PPT includes Oligopoly Market. It is explained in detail.
This is for educational purpose only. If you own any of the content please let me know. We are not here to hurt anyone's emotion. Please try to co-operate and use this for educational purposes only.
Students should be able to:
Carry out diagrammatic analysis of the market structure in both the short and long run
Understand the importance of advertising and differentiation for the model of monopolistic competition and be able to contrast this with other market structures.
Students should be able to explain and evaluate the efficiency of monopolistic competition
Price Discrimination, Types of Price Discrimination , Condition of Price Discrimination , When Price discrimination is possible, Degree of Price Discrimination, Dumping
Tnx group 15
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
MD: AL AMIN
SAIFUL ISLAM
RUKSANA PARVIN RUPA
SHAMIM MIA
LIMA AKTER
This PPT includes Oligopoly Market. It is explained in detail.
This is for educational purpose only. If you own any of the content please let me know. We are not here to hurt anyone's emotion. Please try to co-operate and use this for educational purposes only.
Students should be able to:
Carry out diagrammatic analysis of the market structure in both the short and long run
Understand the importance of advertising and differentiation for the model of monopolistic competition and be able to contrast this with other market structures.
Students should be able to explain and evaluate the efficiency of monopolistic competition
Price Discrimination, Types of Price Discrimination , Condition of Price Discrimination , When Price discrimination is possible, Degree of Price Discrimination, Dumping
Tnx group 15
For downloading this contact- bikashkumar.bk100@gmail.com
Prepared by Students of University of Rajshahi
MD: AL AMIN
SAIFUL ISLAM
RUKSANA PARVIN RUPA
SHAMIM MIA
LIMA AKTER
This chapter covers the types of market such as perfect competition, monopoly, oligopoly and monopolistic competition, in which business firms operate.
Pure monopoly is the form of market organisation in which there is a sinle seller of a commodity for which there are no close substitutes and there are barriers to entry
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
Resume
• Real GDP growth slowed down due to problems with access to electricity caused by the destruction of manoeuvrable electricity generation by Russian drones and missiles.
• Exports and imports continued growing due to better logistics through the Ukrainian sea corridor and road. Polish farmers and drivers stopped blocking borders at the end of April.
• In April, both the Tax and Customs Services over-executed the revenue plan. Moreover, the NBU transferred twice the planned profit to the budget.
• The European side approved the Ukraine Plan, which the government adopted to determine indicators for the Ukraine Facility. That approval will allow Ukraine to receive a EUR 1.9 bn loan from the EU in May. At the same time, the EU provided Ukraine with a EUR 1.5 bn loan in April, as the government fulfilled five indicators under the Ukraine Plan.
• The USA has finally approved an aid package for Ukraine, which includes USD 7.8 bn of budget support; however, the conditions and timing of the assistance are still unknown.
• As in March, annual consumer inflation amounted to 3.2% yoy in April.
• At the April monetary policy meeting, the NBU again reduced the key policy rate from 14.5% to 13.5% per annum.
• Over the past four weeks, the hryvnia exchange rate has stabilized in the UAH 39-40 per USD range.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
2. Monopoly is a market situation where there is
only a single seller
with complete control over an industry.
Monopolies exist because of barriers to entry
into a market
prevent competition.
Monopoly
3. Feature of Monopoly:
• Single Seller : In a monopoly market, usually there is a
single firm which produces and supplies a particular product
or commodity.
• Monopoly is also an industry : There is a single seller or
producer of a particular product, and there is no difference
between firm and the industry. The firm is itself an industry.
• The firms can influence the price of a product and hence,
these are price maker.
• No close substitutes: The goods produced by the
monopolist have no close substitutes.
4. • There are barriers to entry of other firms in the area of
monopoly.
• Monopoly firm faces downward sloping demand curve. It
mean the firm can increases his sales by lowering price
and vice versa.
• A monopolist firm enjoy the freedom to follow price
discrimination.
• In monopoly there are no
competitors .
5. • Their r Numerous Factors Which Give Rise To Monopoly power Here Are some of
them
• Natural Monopoly
• A Firm that Confronts Economies of Scale over the entire range of outputs
demanded in its industry is a Natural Monopoly
• Utilities that distribute electricity, water and natural gas to some markets are
some examples of natural monopoly
• Geographic Monopoly :
• Some monopolies are due to nature supply of Natural Resources like gold or
crude oil are confined to certain geographical area .
• Geographical monopoly is when only one business provides products or services
to a local area, that business is a geographic monopoly.
Sources OF Monopoly Power
6. • Technological Monopoly
• Technology developed by the business firms or nations give them a monopoly
right over such a good or service.
• A monopoly that occurs when a single firmControls manufacturing methods
necessary to produce a certain product, or has exclusive rights over the technology
used to manufacture it example inTransport,Communication.
• Legal Protection
• A legal Monopoly is Protected by law fromCompetition Legal Protections are
granted by the Government .
• For examples Patent rights,Trade Marks, Copy rights
•
• These rights give monopoly powers to the person and firm who have introduced
such commodities.
7. • Barriers to New Competition
• Barriers to entry are the legal, technological or market forces that discourage
or prevent potentialCompetitors from entering a Market.
• Barriers to entry can range from simple and easily such as the cost of renting
retail space, to the extremely restrictive.
• Cartel Formation
• A cartel is an organisation created from a formalAgreement between a group
of Produces of a good or service to regulate Supply.
• In other words a cartel is a collection of otherwise independent business or
countries that act together as if they were a single producer and third ca fix prices
for the goods they Produce .
• Example:TheOrganisationOf Petroleum exportingCountries (OPEC)
9. 1.Stability of prices
In a monopoly market structure, the prices are pretty stable.
This is because there is only one firm involved in the market
that sets the prices since there is no competing product.
2. Economies of Scale
Since there is a single seller in the market, it leads to
economies of scale because of large-scale production
which lowers the cost per unit for the seller. The seller
may pass this benefit down to the consumer in terms
of a lower price
10. Disadvantages of a Monopoly
: 1. Higher Prices
The monopolist could set a very high price for the product leading to the
exploitation of consumers as they have no option but to buy it from the seller due
to the lack of competition in the market.
2. Price Discrimination
Monopolists can sometimes use price discrimination, where they charge different
prices on the same product for different consumers. This depends on market
conditions:
3. Inferior Goods and Services
The lack of competition may cause the monopoly firm to produce inferior goods
and services because they know the goods will sell.
11. Equilibrium Of Monopoly Firm In Short Run
A monopolist, as discussed earlier can control both price and output. However,
being a rational producer who aims at maximisation of profit will not control both at
the same time. He will decide his output by applying the equilibrium conditions,
that is, at point E, where MC cuts MR from below.
Excess Profit
Inn the short run a monopolist due to his monopoly power earns excess profit but
need not necessarily so always. Since the demand depends on the market it is
likely, that a monopolist may even incur loss. Firgure 14.2 Explains the case of
excess profit in the short run
12.
13. Loss
A monopolist in spite of his monopoly power is not guaranteed excess profit in the
short run. It is likely he may even functionn with loss. As in perfect competion
thhhe cost of the monopoly firm is also divided into fixed and variable cost. It is
essenntial to cover the variable cost to enable the firm to function.vFig 14.3
explains the case of loss:
15. PERFECT COMPETITION
• Number of sellers and buyers are large.
• The commodity is homogeneous.
• Nature of price is uniform.
• Firm’s demand curve is perfectly elastic .
• Slope of firms demand curve is horizontal
straight line (AR=MR).
• Level of profit in long run is normal (AR=AC).
• Equilibrium is possible only under increasing
cost.
MONOPOLY
• Number of buyers are large but only one seller
is there.
• The commodity is homogeneous or
differentiated.
• Nature of price is not uniform because of price
differentiation.
• It is relatively less elastic .
• Demand curve slopes downward with low
elasticity (AR>MR).
• Level of profit in long run is extra normal
profits (AR>AC).
• Equilibrium is possible under all cost
conditions – increasing , constant and
decreasing.
16. DEMAND CURVE OF PERFECT COMPETITION AND MONOPOLY
demand
price
Quantity
price
demand
Quantity
P1
P
Q Q1
17. CONCLUSION
• A Monopoly is a firm that is
the sole seller in its market
.
• It faces a downward sloping
demand curve for its
product .
• Like a competitive firm , a
monopoly maximize profit
by producing the quantity at
which marginal cost and
marginal revenue are equal
.
• Unlike a competitive firm ,
its price exceeds its