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MICRO 1.5 Perfect competition, imperfectly competitive markets and monopoly > 1.5.8 The dynamics of competition and competitive market processes > Flashcards

1.5.8 The dynamics of competition and competitive market processes Flashcards

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MICRO 1.5 Perfect competition, imperfectly competitive markets and monopoly (11 decks)

1.5.1 Market structures

1.5.2 The objectives of firms

1.5.3 Perfect competition

1.5.4 Monopolistic competition

1.5.5 Oligopoly

1.5.6 Monopoly and monopoly power

1.5.7 Price discrimination

1.5.8 The dynamics of competition and competitive market processes

1.5.9 Contestable and non-contestable markets

1.5.10 Market structure, static effciency, dynamic effciency and resource allocation

1.5.11 Consumer and producer surplus

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