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EC 201 - Efficienct scale of firmExcess capacity too...

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Perfect competitionMonopolistic Comp. Oligolopoly Monopoly Economic Efficiency P = MC P > MC (small amount) P >> MC (large) P >>>MC Cost
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Unformatted text preview: Efficienct scale of firmExcess capacity too littlNot at efficient scalenot at efficient scale Economic Profit 0 + +...
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