Monopoly Markup

… a core term used in Economic Analysis and Atlas102

Definition

The monopoly markup is the amount by which the profit-maximizing price for a monopolist exceeds that marginal cost.

Atlas topic, subject, and course

Monopoly and Price Discrimination (core topic) in Economic Analysis and Atlas102 Economic Analysis.

Source

Alex Tabarrok, The Monopoly Markup (9-minute video), Principles of Economics – Microeconomics, Marginal Revolution University, at http://www.mruniversity.com/courses/principles-economics-microeconomics/monopoly-profit-maximization-price-aids-medication, accessed 7 May 2016.

Page created by: Ian Clark, last modified 7 May 2016.