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Monopolistic Competition Ji Hyun, Sayaka, Johan, Avu, Oat
Nature of Monopolistic Competition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Assumptions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Determining costs, revenues and profit  Price Output Short-run 
Determining costs, revenues and profit  Price Output Demand (AR)
Determining costs, revenues and profit  Price Output Demand (AR) MR
Determining costs, revenues and profit  Price Output Demand (AR) MR MC
Determining costs, revenues and profit Price Output Demand (AR) MR MC AC
Determining costs, revenues and profit Price Output Demand (AR) MR MC AC MC=MR Q1
Determining costs, revenues and profit Price Output Demand (AR) MR MC AC MC=MR Q1 P1 C1
Determining costs, revenues and profit Price Output Demand (AR) MR MC AC MC=MR Q1 P1 C1
Determining costs, revenues and profit Price Output Demand (AR) MR In the long-run
Determining costs, revenues and profit Price Output Demand (AR) MR MC In the long-run Q2
Determining costs, revenues and profit Price Output Demand (AR) MR MC In the long-run Q2 AC P1, C1
Pros and Cons ,[object Object],[object Object],[object Object],[object Object],[object Object]
Pros & Cons vs. Perfect Competition ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Pros and Cons vs. Monopoly ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Examples ,[object Object],[object Object],[object Object],[object Object],[object Object]
Advertising Techniques     ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Styles ,[object Object],[object Object],[object Object],[object Object],[object Object]
Ji Hyun-IT  ,[object Object],[object Object],[object Object],[object Object]
Ji Hyun-IT Baby ,[object Object],[object Object],[object Object],[object Object]
Ji Hyun-IT Formal ,[object Object],[object Object]
Ji Hyun-IT Active ,[object Object],[object Object]
Ji Hyun-ITGoth ,[object Object],[object Object]

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Monopolistic Competition