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Imperfect Competition: Other Forms

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Abstract

Conditions: product differentiation or goodwill gives a downward‐sloping demand curve; free entry, so that super‐normal profits are eliminated in the long period.

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© 1994 Jack Harvey

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Harvey, J. (1994). Imperfect Competition: Other Forms. In: Economics Revision Guide. Palgrave, London. https://doi.org/10.1007/978-1-349-13313-0_16

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