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Title Details:
Perfect competition
Authors: Pseiridis, Anastasia
Lianos, Theodoros
Reviewer: Tsounis, Nikolaos
Description:
Abstract:
This chapter expands on the analysis presented in Chapter 6. It explains in detail the short-run and long-run equilibrium of the firm and the industry in perfect competition, as well as the return of the firm and the industry to equilibrium after an external shock. Finally, it describes how the industry's supply curve is derived.
Type: Chapter
Creation Date: 2015
Item Details:
License: http://creativecommons.org/licenses/by-nc-nd/3.0/gr
Handle http://hdl.handle.net/11419/2372
Bibliographic Reference: Pseiridis, A., & Lianos, T. (2015). Perfect competition [Chapter]. In Pseiridis, A., & Lianos, T. 2015. Economic analysis and policy: Microeconomics [Undergraduate textbook]. Kallipos, Open Academic Editions. https://hdl.handle.net/11419/2372
Language: Greek
Is Part of: Economic analysis and policy: Microeconomics
Publication Origin: Kallipos, Open Academic Editions