Lectures 6 & 7 05.03.13
Monopoly
Imperfect competition issues
© The McGraw-Hill Companies, 2005 Chapter 9 Market structure and imperfect competition David Begg, Stanley Fischer and Rudiger Dornbusch, Economics, 8th.
Chapter 9 Market structure and imperfect competition David Begg, Stanley Fischer and Rudiger Dornbusch, Economics, 7th Edition, McGraw-Hill, 2003 Power.
The Firm in PC Labor Markets. Objective(s) 3. Students should be able to explain why a firm hires labor until MFC=MRPL and identify this point on a cost.
1 Monopolistic Competition and Oligopoly CHAPTER 10 © 2003 South-Western/Thomson Learning.
ECO 1 MONOPOLY AND MONOPOLISTIC COMPETITION Erkmen Giray ASLIM (erkmengirayaslim.com)erkmengirayaslim.com e-mail: [email protected]@Lehigh.edu 10/22/2015.
Market Structure. Characteristics No barriers to entry – Firms can enter and leave the industry as and when they chose. A large number of buyers and sellers.
