Act V · Different Stages · Module 14
The Corporate District
Monopoly and market power
26 slides · Hubbard & O'Brien, chapter 15.
The story
Where this fits in Marginal Falls
River-Gate is the only seller of bridge passes for entry to Founders' Night. There is no nearby alternative. The corporate district uses this bottleneck to connect barriers to entry with market power, a downward-sloping demand curve, and the monopoly's output decision.
A question to take into class
Why must River-Gate consider the effect on its existing sales when deciding whether to sell another bridge pass?
From the slides to the classroom
Activities used in this module
This module is taught through its slide deck and classroom discussion. No dedicated live activity is used for this topic.
Activities open at marginalfalls.com. Students join using the room code supplied by their instructor.