Grebennikov, Petr I (2010): The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case. Published in:
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Abstract
In the market of a monopolistically competition the price of a long-run equilibrium, the consumers’ surplus is equal to a half of fixed cost value, and the price elasticity is equal to the ratio of total to fixed costs.
Item Type: | MPRA Paper |
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Original Title: | The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case |
English Title: | The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case |
Language: | Russian |
Keywords: | consumer surplus; price elasticity |
Subjects: | D - Microeconomics > D4 - Market Structure, Pricing, and Design > D43 - Oligopoly and Other Forms of Market Imperfection |
Item ID: | 33535 |
Depositing User: | Petr I Grebennikov |
Date Deposited: | 07 Oct 2011 16:50 |
Last Modified: | 26 Sep 2019 20:59 |
References: | Chamberlin, Edward H. Theory of Monopolistic Competition. Cambridge, MA: Harvard University Press.1933. Robinson, Joan V. The Economics of Imperfect Competition. London: Macmillan. 2d ed., 1969. |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/33535 |