Random Fact

Median income for households in the United States fell to $51,017 in 2012 from $51,100 in 2011. Asians had the highest household incomes ($68,600), followed by whites ($57,000), Hispanics, ($39,000), and African Americans (33,300) (www.census.gov).

Unit 7: Monopoly

Introduction
Section 1: Barriers to Entry and Types of Monopolies
Section 2: The Monopolist's Revenue Curves
Section 3: Profit-Maximization (or Loss-Minimization) for a Monopolist
Section 4: Anti-trust legislation in the United States
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