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monopolistic competition

См. также в других словарях:

  • 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

  • monopolistic competition — Market situation in which many independent buyers and sellers may exist but competition is limited by specific market conditions. The theory was developed almost simultaneously by Edward Hastings Chamberlin in his Theory of Monopolistic… …   Universalium

  • monopolistic competition — noun : competition that is used among sellers whose products are similar but not identical and that takes the form of product differentiation and advertising with less emphasis upon price compare imperfect competition * * * monopolistic… …   Useful english dictionary

  • Monopolistic Competition — A type of competition within an industry where: 1. All firms produce similar yet not perfectly substitutable products. 2. All firms are able to enter the industry if the profits are attractive. 3. All firms are profit maximizers. 4. All firms… …   Investment dictionary

  • monopolistic competition — /mənɒpəˌlɪstɪk kɒmpə tɪʃ(ə)n/ noun a situation where there are only a few producers who therefore control the market between them ● With only three suppliers of cotton in the country it was a clear case of monopolistic competition …   Marketing dictionary in english

  • 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

  • Chamberlinian monopolistic competition — In Chamberlinian monopolistic competition each firm has some monopoly power, but entry drives monopoly profits to zero. The concept gets its name from Edward Chamberlin. Categories: Monopoly (economics)Economics and finance stubs …   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

  • 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

  • monopolistic — [[t]mənɒ̱pəlɪ̱stɪk[/t]] ADJ GRADED: usu ADJ n If you refer to a business or its practices as monopolistic, you mean that it tries to control as much of an industry as it can and does not allow fair competition …   English dictionary

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