Welcome to our

presentation
 Presentation on
“Price and Output under Monopoly”
Submitted to:
MS Kaniz Fatema
Department Of Marketing
Submitted by:

SL ID NAME
01. 1503210108235 Mohammad Giash Uddin
02. 1503210108310 Mohiuddin Quaderul Hoque
03. 1503210108275 Tanvir Hossain
04. 1503210108332 Rony Nag
05. 1503210108243 MD Wahid Murad
06. 1503210108225 MD Noman Hossain
Monopoly Concept
Define Monopoly and Characteristics

Firms equilibrium under monopoly maximization

of profits.
Firms equilibrium under monopoly maximization
of Losses.
Long run equilibrium under monopoly.

Dead weight loss under monopoly

Definition: A market structure characterized by a single seller, selling a
unique product in the market. In a monopoly market, the seller faces no
competition, as he is the sole seller of goods with no close substitute.
Profit:-A Monopolist in the short run
would enjoy normal profits when
average revenue is just equal to average
cost. We know that average cost of
production is inclusive of normal
profits.
Maximization Of profits
Losses:- In the short run, the monopolist may
have to incur losses. This situation occurs if in
the short run price falls below the variable
cost. In other words, if price falls due to
depression and fall in demand, the monopolist
will continue to produce as long as price covers
the average variable cost. Once the price falls
Maximization Of Losses
Long Run Equilibrium Under Monopoly
In the long run monopolist would make adjustment in
the size of his plant. The long run average cost curve and
its corresponding long run marginal cost curves. The long
run he can be further increase his profits by adjusting the
size of the plants.
 Dead weight loss

In economics a dead weight loss is a loss of

economic efficiency that can occur when
equilibrium for a good or service is not
achieved.
Consumer surplus is the amount a buyer is
willing to pay
for a product mines the amount buyer
actually pays.
Producer surplus is the amount a seller is paid
for a product minus the total variable cost of
production
Thanks
Everybody