Y1 - Economics for IB

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Summary

Week 5

Rijksuniversiteit Groningen · International Business

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Chapter 8: Imperfect Competition and the Consequences of Market Power
Imperfect Competition
Five Sources of Market Power
Economies of Scale and the Importance of Fixed Costs
Profit-Maximization for the Monopolist
Chapter 11: Externalities and Property Rights
Chapter 14: Government in the Market Economy: Public Sector Production and Regulation

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