ps7x313_f05

ps7x313_f05 - information firm’s demand δ market...

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Econ 313 - Wissink - Fall 2005 - PS#7 - XtraQ, due at the TAs office no later than Wednesday 12/7 at 4:00pm. FILL IN ALL THE BLANKS perfect competition monopolistic competition monopoly (simple) monopoly (perfectly discriminating) oligopoly STRUCTURE number of firms type of output entry/exit
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Unformatted text preview: information firm’s demand ( δ ) market demand (D) CONDUCT behavioral assumption and implication short-run profit long-run profit PERFORMANCE allocative efficiency? (NSS maximized?) productive efficiency? (firm at min of lratc?) Is p =? >? <? mc COMMENTS...
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ps7x313_f05 - information firm’s demand δ market...

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