Pricing Theory of the Firm in Perfect Competition

  • Masudul Alam Choudhury
Chapter

Abstract

The most atomistic agent of a microeconomy is the individual. Its higher level of aggregation is the household. In both cases — of the individual and the household — the behaviour with regards to consumption is the same, and these have been explained.

Keywords

Output Level Average Cost Cost Curve Price Theory Perfect Competition 
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Copyright information

© Springer Science+Business Media New York 1999

Authors and Affiliations

  • Masudul Alam Choudhury

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