'Kinked demand' presentation slideshows

Imperfect Competition

Imperfect Competition. Imperfect Competition. Monopolistic Competition. Monopolistic competition. Assumptions of monopolistic competition many or several firms free entry differentiated product Equilibrium of the firm short run MR = MC.

714 views • 70 slides

Principles of Economics by Fred M Gottheil Chapter 12

744 views • 57 slides

Monopolistic Competition and Oligopoly

Monopolistic Competition and Oligopoly. Monopolistic Competition Oligopoly The Role of Government. MONOPOLISTIC COMPETITION AND OLIGOPOLY. FIGURE 14.1 Characteristics of Different Market Organizations.

600 views • 37 slides

Oligopoly

1.53k views • 34 slides

Market Structure and Pricing

Market Structure and Pricing. Learning outcomes. By studying this section students will be able to: understand how and why firms come to be price takers , price makers or price shapers analyse the pricing strategies that result from different market situations. Market Structures.

423 views • 24 slides

Pricing in Various Market Structures

Pricing in Various Market Structures. By Gavin C Reid Professor of Economics, School of Economics & Finance, University of St Andrews Director, Centre for Research into Industry, Enterprise, Finance and the Firm (CRIEFF) Presentation to the Competition Appeal Tribunal, London, 6 June 2013.

184 views • 18 slides

The Dominant Firm - Price Leadership

The Dominant Firm - Price Leadership. There are a number of models E.g. barometric price, kinked demand A dominant firm with full information about market demand and industry costs can set prices so that it earns economic profit whilst the passive fringe earns a normal rate of return.

188 views • 6 slides