Monopoly

Takashi Hayashi ()
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Takashi Hayashi: University of Glasgow

Chapter Chapter 20 in Microeconomic Theory for the Social Sciences, 2021, pp 285-297 from Springer

Abstract: Abstract Recall that perfect competition refers to situations in which the markets consist of a large number of small participants, each of which is negligibly small compared to the entire economy and has to take the market price as give which he cannot manipulate by himself alone.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-3541-0_20

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DOI: 10.1007/978-981-16-3541-0_20

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