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WEEK 2 (Industry Analysis (Monopoly Rents (Barriers to entry (Economic…

- - - - Economic rents
    - - some industries are more profitable than others
- - - - Horizon
    - - Verticle
- - - - Monopsony
    - - Monopoly Power
    - - Mutual Dependence
    - - Competitive
  - - - bundle some product together and set the bundling price
      - extract the maximum willingness to pay and limits their bargaining power
      - set the different price based on the quantity of demand