Edexcel International AS and A level Economics XEC11/YEC11 · 3.3.3.6.e
The concept of ‘natural monopoly’ and its implications
- Code
- 3.3.3.6.e
- In
- 3.3.3.6 Monopoly
- Topic
- 3.3 Business behaviour
- Course
- International AS and A level Economics XEC11/YEC11
- Board
- Edexcel
Grade boundaries·Edexcel command words
Codes and titles are read by a script from Edexcel's published specification and have not been checked by a person. What each point covers is in the specification itself: Edexcel’s specification.
Points in 3.3.3.6 Monopoly
- 3.3.3.6.a Assumptions of monopoly
- 3.3.3.6.b Barriers to entry and exit
- 3.3.3.6.c Profit-maximising equilibrium
- 3.3.3.6.d Costs and benefits of monopoly to firms and consumers
- 3.3.3.6.e The concept of ‘natural monopoly’ and its implications
- 3.3.3.6.f Conditions necessary for third-degree price discrimination
- 3.3.3.6.g Costs and benefits of price discrimination to firms and consumers
- 3.3.3.6.h Productive, allocative and dynamic efficiency