{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

costs&competition

costs&competition - Costs and Market Structure ECO...

Info icon This preview shows pages 1–6. Sign up to view the full content.

View Full Document Right Arrow Icon
ECO 171: Costs and Market Structure 1 Costs and Market Structure
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
ECO 171: Costs and Market Structure 2 Basic ideas Determinants of market structure: how many firms in an industry? Economies of scale – Cost functions Minimum efficient scale Role of demand Other determinants
Image of page 2