Episode 21
S E21: Market Power - Why businesses charge more
Think Like An Economist · iHeartPodcasts
December 8, 202019m 23s
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Show Notes
What's the competition? When businesses have less competition, they have more market power and can raise their prices. Betsey Stevenson and Justin Wolfers explore competition in the market place and the way it shapes prices - and profit.
Co-Host: Nastaran Tavakoli-Far. Editor: Alastair Elphick. A Modulated Media production.
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Topics
EconomicsmicroeconomicsEconomics courseMACROECONOMICSEcon 101Learning economics