Thelonger the vertical distance, (ie, the more inelastic the demand curve) the greater the monopoly's power, and thus, the larger its profits.
较长的垂直距离(即更弹性的需求曲线)的更大的垄断性的权力,因此,较大的利润。
Thelonger the vertical distance, (ie, the more inelastic the demand curve) the greater the monopoly's power, and thus, the larger its profits.
较长的垂直距离(即更弹性的需求曲线)的更大的垄断性的权力,因此,较大的利润。
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