Demand shifts and imperfect competition.

Demand shifts and imperfect competition.

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The effects of demand shifts on output, price and profits in imperfectly competitive industries with no entry or exit are derived. Four types of demand shift are modelled: additive and multiplicative shifts of the demand and inverse demand functions. Necessary and sufficient conditions for output, p...

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Autor principal:	Cowan, S
Format:	Working paper
Idioma:	English
Publicat:	Department of Economics (University of Oxford) 2004

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