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Lecture Microeconomics (20/e): Chapter 13 - Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn

Chapter 13 - Monopolistic competition and oligopoly. Pure competition and pure monopoly are the exceptions, not the rule, in the U.S. economy. In this chapter, the two market structures that fall between the extremes are discussed. Monopolistic competition contains a considerable amount of competition mixed with a small dose of monopoly power. Oligopoly, in contrast, implies a blend of greater monopoly power and less competition.

Từ khóa: Lecture Microeconomics, Economic problem, Economic principles, Economic policies, Monopolistic competition, Oligopolistic industries

20 p tailieu_hce 28/04/2016 152 2

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