Bec doms ppt on monopolistic competition

Monopolistic Competition & Oligopoly ,[object Object],[object Object]

Measuring market dominance ,[object Object],[object Object],[object Object],[object Object]

Herfindahl-Hirschman Index (HHI) ,[object Object],[object Object],[object Object],[object Object],[object Object]

HHI (cont.) ,[object Object],[object Object],[object Object],[object Object]

Oligopoly ,[object Object],[object Object],[object Object]

examples ,[object Object],[object Object],[object Object],[object Object]

what types of barriers? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Firm behavior ,[object Object],[object Object]

Cartel ,[object Object],[object Object],[object Object]

Price leadership ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object]

Collusion and Cartels ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Monopolistic Competition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

examples ,[object Object],[object Object],[object Object],[object Object],[object Object]

product differentiation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Firm Behavior, short run ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

P, cost Q (jeans/day) D MR MC 150 $70

$20 ($70-$20)(150) = $7500 P, cost Q (jeans/day) D MR MC 150 $70 ATC economic profit

Long Run ,[object Object],[object Object],[object Object],[object Object],[object Object]

Excess capacity ,[object Object],[object Object],[object Object]

Advertising & marketing ,[object Object],[object Object],[object Object],[object Object]

Summary ,[object Object],[object Object],[object Object],[object Object],[object Object]

Bec doms ppt on monopolistic competition

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Bec doms ppt on monopolistic competition