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Imperfect competition

21 December, 2015 - 17:26

Learning Objectives

In this chapter we will explore:

  1. The nature of the imperfect competitor
  2. Market power
  3. Monopolistic competition
  4. Oligopoly, games and interdependence
  5. Duopoly and Cournot competition
  6. Comparing market structures
  7. Potential competition, entry and exit