Theory+of+the+firm+&+Market+Falure

Theory of the Firm and Market Failure power points





The Assignment for Wed March 10


 * Read the article

AMD vs. Intel: the Abuse of Monopoly Power & a Dual-Core Chip Challenge

 * ===[|AMD vs Intel]===


 * Answer the following questions
 * 1) Define "abuse of monopoly power"
 * 2) How does AMD say that Intel is involved in "abuse of monopoly power"?
 * 3) Using information from the article and your own knowledge, how does monopolies and monopolistic firms lead to market failure? Use graphs and diagrams to help explain your answer.

Test on Thursday March 19 Look at the info sheet for details also the power points at the top of the page