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Kinked demand curve 3 - PowerPoint PPT Presentation

Chapter 9 Market structure and imperfect competition

Chapter 9 Market structure and imperfect competition. David Begg, Stanley Fischer and Rudiger Dornbusch, Economics , 8th Edition, McGraw-Hill, 2005 PowerPoint presentation by Alex Tackie and Damian Ward. Most markets fall between the two extremes of monopoly and perfect competition.

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Imperfect competition

Imperfect competition. Most markets fall between the two extremes of monopoly and perfect competition. An imperfectly competitive firm would like to sell more at the going price faces a downward-sloping demand curve

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941 views • 21 slides

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Kinked demand curve 3 - PowerPoint PPT Presentation

Chapter 9 Market structure and imperfect competition

Imperfect competition