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Monopolistic competition refers to the the exclusive possession or control of the supply or trade in a commodity or service.
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Marketers have no flexibility in setting prices under conditions of
Explain how price and output decision are taken under conditions of oligopoly.
when marginal revenue equal to marginal cost,when marginal cost curve cut marginal revenue curve from the below and when price is greter than average total cost
Monopolistic competition refers to the the exclusive possession or control of the supply or trade in a commodity or service.
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Marketers have no flexibility in setting prices under conditions of
Under what conditions might profit maximization not lead to stock price maximization?"
Explain how price and output decision are taken under conditions of oligopoly.
when marginal revenue equal to marginal cost,when marginal cost curve cut marginal revenue curve from the below and when price is greter than average total cost
the firm is too small and has too much cometition which offers the same product. if it charged more than ist cost Price the competition would take the customer away. becoming a pricemaker needs a local, innovational, governmental or resource based monopoly. that's not given under perfect marked condition.
discriminating possible and profiable
Monopoly Island
Under the Boardwalk The Monopoly Story - 2010 is rated/received certificates of: USA:G (certificate #46320)
I don't know what you mean by generic Monopoly but you can get some Monopoly varieties for under $10. The original doesn't cost much more.
There may be a case for government, the welfare consequences of monopoly, duopoly or oligopoly.