1. WORK FOR SALE
CYCLOPES
IRFANI AUSRI, PRIYANKA JHAVERI,
DALIA RAMADAN, STEVEN SUNG WON
JANG

2. INTRODUCTION
Cyclopes
-Ruthless
Products:
- End of Year Tests
- Pre-Ordered Essays

3. Nature of Monopoly
-Single firm dominates the entire market
- No substitute
- Has price power
- Determines either quantity or price

4. HOW WE DETERMINE COSTS

5. HOW WE DETERMINE REVENUES

6. HOW WE DETERMINE PROFIT

7. HOW WE DETERMINE PROFIT

8. HOW WE DETERMINE PROFIT

9. HOW WE DETERMINE PROFIT

10. PROS AND CONS OF OUR MARKET
Monopoly Perfect Competition
- Maximum Control of - Low barrier of entry
Pros Prices
- Inefficient - Based on price
Cons - Lack of Innovation - Lack of product variety
- Diseconomies of - Can't control price
scale

12. WHY WE ARE SUCCESSFUL
* Have market play
* Highly demanded
* Low Cost - Abnormal Profit
* Tight barriers
Dominating scant resources