Monopoly Under General Equilibrium: A Geometric Exercise

Abstract

Introduction, 147. — I. Monopoly in an exchange economy, 147. — II. Monopoly in a production economy: assumptions, 147. — III. The factor market: the general equilibrium cost curve, 149. — The distribution of income, 150. — IV. The product market: the cost curve, 150. — The monopoly frontier, 152. — V. Extension, 153.