CHAPTER VI.

ECONOMIC POWERS OF THE TRUST 143

1. Power of a Monopoly over earlier or later Processes in Production of a Commodity. 2. Power over Actual or Potential Competitors. 3. Power over Employees of a Trust. 4. Power over Consumers. 5. Determinants of a Monopoly Price. 6. The Possibility of low Monopoly Prices. 7. Considerations of Elasticity of Demand limiting Prices. 8. Final Summary of Monopoly Prices.