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Understanding Economics
Understanding Economics: A Contemporary Perspective, 2/e
Mark Lovewell, Ryerson Polytechnic University
Monopoly and Imperfect Competition

Chapter Focus

In this chapter, you will:

Consider the demand conditions faced by monopolists, monopolistic competitors, and oligopolists

See how monopolists, monopolistic competitors, and oligopolists maximize profits

Learn about nonprice competition and the arguments over industrial concentration




McGraw-Hill/Irwin




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