Grebennikov, Petr I (2010): The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case. Published in:
Preview |
PDF
MPRA_paper_33535.pdf Download (160kB) | Preview |
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 |
|---|---|
| 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 |

