Random Fact

2013 Median income for households in the United States was $51,939. It was $51,017 in 2012 and $51,100 in 2011. Asian Americans had the highest household incomes ($67,065), followed by whites ($58,270), Hispanics, ($40,963), and African Americans (34,598).
Source: 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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