Essays with most views in economics
Four possible markets: Perfect Competition (price-takers), Monopolistic Competition (price-searchers), Oligopoly (a few firms dominate) and Monopoly (single seller)
Domestic Producer Surplus (above 11) for producers who would produce at prices of 11.0 or below. A2 – Domestic Producer Surplus for producers who only would produce between 11.0 and 11.3. A3 – Domestic Producer Surplus for producers who only would...
Small Numbers and Strategic Behavior • Fun and games with a duopoly example – Simultaneous vs. sequential choice – One-time vs. repeated game