ch7 - ∑ = 2 000 10 i w HHI d Demand and Market Conditions...

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Econ 106 Class notes Chapter 7. The Nature of Industry A. Market Structure a. Definition b. Types of Structures i. Competition ii. Monopoly iii. Monopolistic Competition iv. Oligopoly c. Industry concentration i. Concentration Ratios T S S S S S C 4 3 2 1 4 + + + = ii. Herfindahl-Hirschman index
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Unformatted text preview: ∑ = 2 000 , 10 i w HHI d. Demand and Market Conditions Rothschild Index F T E E R = B. Conduct a. Pricing behavior Lerner index P MC P L-= or MC L P -= 1 1...
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This note was uploaded on 12/05/2011 for the course ECON 106 taught by Professor Sengupta,j during the Fall '08 term at UCSB.

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