January 23, 2018
1. What is the "one monopoly profit" theory? How has it
played out in the Chicago School's thinking about antitrust law?
2. What is the legal definition of monopoly power?
3. What is cross-elasticity of demand? How does it play a
role in the definition of product markets?
4. When might it be possible for a monopolist to engage in price
discrimination against a particular group of end users?