Introduction to the Theory of the Firm
Oza, A. N.
MetadataShow full item record
The competitive behavior of a firm depends upon the structure of the market in which it operates. This note first explains the concept of market structure and then sets out the analytical criteria for classifying market structures. The essential, definitional characteristics go different theoretical modes of market structure (such as perfect competition, monopolistic competition, oligopoly, monopoly est.) are explained on the basis of these criteria.
- Cases and Notes