Monopoly and Monopsony Power in a Market for Mud

Edward Scahill
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Edward Scahill: University of Scranton

Journal of Economics Teaching, 2020, vol. 5, issue 1, 30-36

Abstract: This article describes an unusual market I use in my intermediate microeconomics courses to illustrate characteristics of monopoly and monopsony power. For over sixty years the ...

Keywords: monopoly; monopsony (search for similar items in EconPapers)
JEL-codes: A21 A22 (search for similar items in EconPapers)
Date: 2020
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