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Industrial Economics
Monopoly is one of the topics under market structure in microeconomic theory. Comparatively, based on conventional economics, monopoly is the third best solution in economics because under its operational theories it can create Dead Weight Loss (DWL) to the society in term of increasing price and reduce quantity of product in order to increase monopoly profit and reduce the consumer surplus. However in my book of Industrial Economics: Monopoly in Islamic Perspective shown that monopoly power under control of Islamic man it will create more social benefit rather DWL. For example ZAM-ZAM water in Mecca Saudi Arabia is a natural monopoly the only one in the world, but King of Saudi Arabia he is...
Industrial Economics and Organisation
Overview coming soon
Malaysia in History
None
The World of Learning 2001
First published in 2000. Routledge is an imprint of Taylor & Francis, an informa company.
