Monopoly Pricing Strategy Boosts Profits, Defies Efficiency Expectations.
The article explores how a company selling different types of products can make profits in the long run. The study shows that the market will eventually balance out, with profits higher than expected. The prices set by the company don't have to be perfect, and they can even help cover costs for other products. This research combines old and new ideas about how markets work. The ability to stop selling certain products doesn't change the main results, but it does give a reason to sell more expensive items.