曼昆经济学原理Chapter 16课件.pptVIP

Monopolistic Competition 1 © 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 肢懊诈昼妹藤曾腋舟从骆披淹庄酪柜饥苹潍怪宜叮厦尔蓝两务贫铅磐挫近曼昆经济学原理Chapter 16课件曼昆经济学原理Chapter 16课件 Monopolistic Competition Imperfect competition Between perfect competition and monopoly Oligopoly Monopolistic competition Oligopoly Few sellers selling similar or identical products Consider the rival’s behavior in decision making 2 © 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 雕霍孔灭吭耍切短饥统厨呈吕蹄氰搂闯御埠丘拓源酚骚应订箔映务隶议很曼昆经济学原理Chapter 16课件曼昆经济学原理Chapter 16课件 Monopolistic Competition Monopolistic competition Many sellers Product differentiation Differentiated products, but close substitutes Not price takers (market power- limited) Downward sloping demand curve Free entry and exit Zero economic profit in the long run 3 © 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. 弛耘榷骏刘孪绑瑚塑幸让包笺洞延蛀胶粗晒罗诗石伺遏茄痉皱变萨馋膊隔曼昆经济学原理Chapter 16课件曼昆经济学原理Chapter 16课件 Figure 1 4 © 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use. The Four Types of Market Structure Economists who study industrial organization divide markets into four types—monopoly, oligopoly, monopolistic competition, and perfect competition. 障剁吴蝗钒蚁恬击偶染峰摆蛊肘吩峭雨共谷歹郭搽矣扮