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Perfect Competition - Mastering Perfect Competition Your Guide to Thriving in the World of Economics - cover

Perfect Competition - Mastering Perfect Competition Your Guide to Thriving in the World of Economics

Fouad Sabry

Maison d'édition: One Billion Knowledgeable

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Synopsis

What is Perfect Competition
 
Perfect markets, also known as atomistic markets, are defined by a number of idealizing conditions that are together referred to as perfect competition or atomistic competition. This definition is found in the field of economics, more specifically in the theory of general equilibrium. In theoretical models when circumstances of perfect competition are present, it has been proved that a market will establish an equilibrium in which the quantity supplied for every commodity or service, including labor, matches the amount required at the current price. This equilibrium will be reached when the perfect competition criteria are met. An example of a Pareto optimal equilibrium would be this one.
 
How you will benefit
 
(I) Insights, and validations about the following topics:
 
Chapter 1: Perfect competition
 
Chapter 2: Duopoly
 
Chapter 3: Microeconomics
 
Chapter 4: Monopoly
 
Chapter 5: Monopolistic competition
 
Chapter 6: Oligopoly
 
Chapter 7: Imperfect competition
 
Chapter 8: Profit maximization
 
Chapter 9: Economic equilibrium
 
Chapter 10: Marginal cost
 
Chapter 11: Monopoly profit
 
Chapter 12: Market power
 
Chapter 13: Marginal revenue
 
Chapter 14: Marginal revenue productivity theory of wages
 
Chapter 15: Bertrand competition
 
Chapter 16: Long run and short run
 
Chapter 17: Competition (economics)
 
Chapter 18: Profit (economics)
 
Chapter 19: Factor market
 
Chapter 20: Bertrand-Edgeworth model
 
Chapter 21: Monopoly price
 
(II) Answering the public top questions about perfect competition.
 
(III) Real world examples for the usage of perfect competition in many fields.
 
Who this book is for
 
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Perfect Competition.
Disponible depuis: 24/01/2024.
Longueur d'impression: 266 pages.

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