Unit 3: Are Businesses Efficient? Product Markets and Efficiency

Lesson 11a: Monopolistic Competition: Are Businesses Efficient?

Assignments: Readings

pp. 278-286, (19th, 216-223), "Monopolistic Competition", "Price and Output in Monopolistic Competition", "Monopolistic Competition and Efficiency", "Product Variety"

Lecture Outline

 

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Lesson 11a