Deriving the Trace of Optimal Output for a Noncompetitive Firm |
| |
Authors: | Shapoor Vali |
| |
Institution: | (1) Department of Economics, Fordham University, New York, NY, USA |
| |
Abstract: | A Monopolist or monopolistic competitive firm has no supply curve independent of the demand curve for its product. The intention
of this paper is to utilize this dependency and show that under a generally accepted and practiced assumption about changes
in the market demand curve facing a noncompetitive firm, it is possible to derive its locus of supply points or its trace of optimal output. |
| |
Keywords: | |
本文献已被 SpringerLink 等数据库收录! |
|