Monopolistic competition and oligopoly, Microeconomics

Monopolistic Competition and Oligopoly:

It was recognized that most industries exhibit the features of monopolistic competition in real-life. However, it must be pointed out that the formal theory of oligopoly to date has not been conspicuously successful.The reason adduced is that it is very difficult to determine precisely how firms will react to the price and output decisions of their rivals.

Posted Date: 1/2/2013 11:57:10 PM | Location : United States







Related Discussions:- Monopolistic competition and oligopoly, Assignment Help, Ask Question on Monopolistic competition and oligopoly, Get Answer, Expert's Help, Monopolistic competition and oligopoly Discussions

Write discussion on Monopolistic competition and oligopoly
Your posts are moderated
Related Questions
You are the CEO of Comchip, a firm that sells specialized computers. Each of the firm's computers contain a unique chip that is produced at Comchip's west coast plant at a cost of

#question.what is meant by ppc?illustrate the central problems of aneconomy with this curve.

PARALLEL ECONOMY: What is in popular parlance known as black money, and is, misleadingly called the 'parallel' economy, (as it operates very much with and within the legal, fo

Basics of Theory of demand: The most famous approach in the history of consumer behaviour, after indifference curve approach, is the revealed preference approach. In the revea

Environmental Scan SWOT analysis: SWOT analysis will help to describe about the strengths, weakness, opportunities as well as threats. This is the strategic planning method

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

trend and structure of national income in nigeria

Structure of the IMF: The Central office of the IMF is in Washington DC, USA. It has 184 members. It is affiliated to the UNO. The highest authority of the IMF is the Board of

elasticity concept in policy formulation