E303lect37F09

E303lect37F09 - 30 November 2009 Reading: Ch. 8 p. 265-277)...

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30 November 2009 Reading: Ch. 8 p. 265-277) Problem Set #13 Posted. Due Wednesday Problem Set #14 Posted. Due Friday Lecture 37 REVIEW___________________________________________________: VI. Chapter 7. The Nature of Industry (Introduction) A. Market Structure a. Definition b. Types of Structures i. Competition ii. Monopoly iii. Monopolistic Competition iv. Oligopoly B. The Problem for Businessmen: Find a market corner it, then protect your turf. VI. Chapter 8. Managing in Competitive, Monopolistic, and Monopolistically Competitive Markets. A. Introduction B. Perfect Competition 1. Short Run 2. Intermediate Run Preview__________________________________________________________ 3. Long Run 4. An algebraic example C. Monopoly 1. Reasons for monopoly. 2. Characterization: Lecture _______ __________________________________________________. 3. Long Run (planning horizon) decisions for competitive firms . One additional characteristic of competitive firms is that they are driven to the efficient scale of
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This note was uploaded on 04/12/2010 for the course ECON 303 taught by Professor Shrestha during the Fall '08 term at VCU.

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E303lect37F09 - 30 November 2009 Reading: Ch. 8 p. 265-277)...

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