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EC311 · Intermediate Microeconomics
EC311 / TOPIC 27
8.1 Monopoly, market power and multiple plants
A teaching model for this topic. Its illustrative numbers may differ from the worked question.
1 Predict → 2 Try → 3 Explain → 4 Challenge
After a cost change, where does a monopolist read price?
Illustrative model numbers, not Thailand or current economic data.