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MICRO 1.5 Perfect competition, imperfectly competitive markets and monopoly > 1.5.11 Consumer and producer surplus > Flashcards

1.5.11 Consumer and producer surplus Flashcards

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MICRO 1.5 Perfect competition, imperfectly competitive markets and monopoly (11 decks)

1.5.1 Market structures

1.5.2 The objectives of firms

1.5.3 Perfect competition

1.5.4 Monopolistic competition

1.5.5 Oligopoly

1.5.6 Monopoly and monopoly power

1.5.7 Price discrimination

1.5.8 The dynamics of competition and competitive market processes

1.5.9 Contestable and non-contestable markets

1.5.10 Market structure, static effciency, dynamic effciency and resource allocation

1.5.11 Consumer and producer surplus

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