Rajiv Gandhi National University Of Law

Submitted To: Submitted by:

Jasmine kaur Akansha mewara
Assistant Professor of Political roll no: 21020
Science group: 2

PRICING AND OUTPUT DECISIONS OF

MONOPOLIES : A CASE STUDY ANALYSIS

ACKNOWLEDGEMENT:
First of all I would like to thank our Teacher Ms. Jasmine kaur who guided us in this project.
She provided us with valuable feedback and helped us in difficult period. Her motivation and
help contributed tremendously to the successful completion of the project. Her suggestions
were very important and helped me to make a rough idea of project.

1. I would like to express my gratitude to RGNUL, Patiala for giving me this opportunity to
complete this project.

Lastly I would like to express gratitude towards my family and friends who continuously
supported me and helped me complete this project on time.

Akansha mewara
1. INTRODUCTION:
A monopoly market is characterized by the profit maximizer, price maker, high barriers
to entry, single seller, and price discrimination.

Monopoly characteristics include profit maximizer, price maker, high barriers to entry,
single seller, and price discrimination.

Sources of monopoly power include economies of scale, capital requirements,

technological superiority, no substitute goods, control of natural resources, legal barriers,
and deliberate actions.

 CHARACTERSTICS OF MONOPOLY
 CAUSES OF MONOPOLY

2. Demand and Revenue Curves under Monopoly

3. Equilibrium of the Monopoly Firm: Price and Output Decision
Total Revenue and Total Cost Approach
Marginal Revenue and Marginal Cost Approach
Long Run Equilibrium under Monopoly

4. Pricing in Public Monopoly

Marginal Cost Pricing
Average Cost Pricing
Mark-up Pricing

5. Conclusion
6. Bibliography