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Monopolistic Competition n a Large Economy

Tapan Bswas
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Tapan Bswas: University of Hull

Review of Economic Analysis, 2012, vol. 4, issue 1, 123-129

Abstract: (Originally published in Keio Economic Studies (1990), 26, 65-71.) - For a small economy, the equilibrium under monopolistic competition may not be pare to optimal. The paper deals with the condition for the existence in a large economy with differentiated products.

Date: 2012
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