The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case
Petr Grebennikov ()
MPRA Paper from University Library of Munich, Germany
Abstract:
In the market of a monopolistically competition the price of a long-run equilibrium, the consumers’ surplus is equal to a half of fixed cost value, and the price elasticity is equal to the ratio of total to fixed costs.
Keywords: consumer surplus; price elasticity (search for similar items in EconPapers)
JEL-codes: D43 (search for similar items in EconPapers)
Date: 2010-02-06
References: View references in EconPapers View complete reference list from CitEc
Citations:
Downloads: (external link)
https://mpra.ub.uni-muenchen.de/33535/1/MPRA_paper_33535.pdf original version (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33535
Access Statistics for this paper
More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().