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Unformatted text preview: examples of product differentiating firms. This new trend among producers demands a different approach to analyze their behavior. Two young economists Joan Robinson in England and Prof. E. H. Chamberlin in the U.S presented their respective theories on Imperfect Competition and Monopolistic Competition in the earlier half of the 20 th century....
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This note was uploaded on 11/26/2011 for the course ECON MICRO ec 201 taught by Professor - during the Fall '10 term at Montgomery.
- Fall '10