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COMPETITION: CLASSICAL VERSUS NEOCLASSICAL VIEW

Mihaela Cornelia Sandu
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Mihaela Cornelia Sandu: “Lucian Blaga” University, Sibiu

Theoretical and Applied Economics, 2013, vol. XX, issue Special I, 505-509

Abstract: Competition is an important element from economical theory. Over time it has experienced several definitions and classifications much of them being contradictory. In this paper I will make a parallel between classical and neoclassical point of view according to competition. Keywords. Competition; neoclassical theory; classical theory; monopolistic; perfect competition.

Date: 2013
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