Monopolistic Competition知识讲稿.ppt

Monopolistic Competition;The Four Types of Market Structure;Types of Imperfectly Competitive Markets;Monopolistic Competition;Attributes of Monopolistic Competition;Free Entry or Exit;Monopolistic Competitors in the Short Run...;Monopolistic Competitors in the Short Run...;Monopolistic Competition in the Short Run;Monopolistic Competition in the Short Run;The Long-Run Equilibrium;A Monopolistic Competitor in the Long Run...;Two Characteristics of Long-Run Equilibrium;Two Characteristics of Long-Run Equilibrium;Monopolistic versus Perfect Competition;Excess Capacity;Excess Capacity;Excess Capacity...;Markup Over Marginal Cost;Markup Over Marginal Cost;Markup Over Marginal Cost...;Monopolistic versus Perfect Competition...;Monopolistic Competition and the Welfare of Society;Monopolistic Competition and the Welfare of Society;Monopolistic Competition and the Welfare of Society;Monopolistic Competition and the Welfare of Society;Monopolistic Competition and the Welfare of Society;Monopolistic Competition and the Welfare of Society;Advertising;Advertising;Advertising;Advertising;Brand Names;Brand Names;Summary;Summary;Summary;Summary;Graphical Review;The Four Types of Market Structure;Monopolistic Competitors in the Short Run...;Monopolistic Competitors in the Short Run...;A Monopolistic Competitor in the Long Run...;Excess Capacity...;Markup Over Marginal Cost...;Monopolistic versus Perfect Competition...;The Economics of Labor Markets;Factors of Production;The Market for the Factors of Production;The Demand for Labor;The Versatility of Supply and Demand...;The Demand For Labor;The Production Function and The Marginal Product of Labor;How the Competitive Firm Decides How Much Labor to Hire;The Production Function...;The Production Function and The Marginal Product of Labor;Diminishing Marginal Product of Labor;The Production Function...;The Value of the Marginal Product of Labor;The Value of the Marginal Product of Labor;The Value of the Marginal Product and the Deman