3.7 Perfect Competition

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视频讲座

Video 1: Perfect Competition

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PDF 参考资料

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allocative v. productive efficiency.pdf

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Marshmellow Towers Production.pdf

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小节练习

1. In perfect competition, firms are:

Price makers Price takers Monopolists Oligopolists

2. Long-run equilibrium in perfect competition: P =

MC only ATC only MC = ATC = MR AVC

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