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monopolistic competition model

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  • Monopolistic competition in international trade — Monopolistic competition models are used under the rubric of imperfect competition in International Economics. This model is a derivative of the monopolistic competition model that is part of basic economics. Here it is tailored to international… …   Wikipedia

  • Monopolistic competition — Short run equilibrium of the firm under monopolistic competition. The firm maximizes its profits and produces a quantity where the firm s marginal revenue (MR) is equal to its marginal cost (MC). The firm is able to collect a price based on the… …   Wikipedia

  • Competition — For other uses, see Competition (disambiguation). A selection of images showing some of the sporting events that are classed as athletics competitions Competition is a contest between individuals, groups, animals, etc. for territory, a niche, or… …   Wikipedia

  • Competition law theory — covers the strands of thought relating to competition law or antitrust policy. Contents 1 Classical perspective 2 Neo classical synthesis 3 Chicago School 4 Othe …   Wikipedia

  • Location model — A location (spatial) model refers to any monopolistic competition model in economics that demonstrates consumer preference for particular brands of goods and their locations. Examples of location models include Hotelling’s Location Model, Salop’s …   Wikipedia

  • Competition law — Antitrust redirects here. For the 2001 film, see Antitrust (film). For laws specific to the U.S., see United States antitrust law. Competition law Basic concepts …   Wikipedia

  • Perfect competition — Economics …   Wikipedia

  • Imperfect Competition — A type of market that does not operate under the rigid rules of perfect competition. Perfect competition implies an industry or market in which no one supplier can influence prices, barriers to entry and exit are small, all suppliers offer the… …   Investment dictionary

  • Imre Lakatos — For other people with the same name, see Lakatos (disambiguation). Imre Lakatos Imre Lakatos, c. 1960s Full name Imre Lakatos Born November 9, 1922 Debrecen, Hungary …   Wikipedia

  • Monopoly — This article is about the economic term. For the board game, see Monopoly (game). For other uses, see Monopoly (disambiguation). Competition law Basic concepts …   Wikipedia

  • economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …   Universalium

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