The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case
AbstractIn the market of a monopolistically competition the price of a long-run equilibrium, the consumers’ surplus is equal to a half of fixed cost value, and the price elasticity is equal to the ratio of total to fixed costs.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33535.
Date of creation: 06 Feb 2010
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consumer surplus; price elasticity;
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