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-   -   A market that is NOT perfectly competitive. (https://www.askmehelpdesk.com/showthread.php?t=425400)

  • Dec 15, 2009, 05:49 PM
    Simon26
    A market that is NOT perfectly competitive.
    How would you solve a problem for a market that is NOT perf. Competitive as oppose to a market that is perf.competitive?
  • Feb 11, 2010, 12:52 PM
    bulksalty

    Well step one is assume that the producer faces a downward sloping demand curve. Perfect competition assumes that each competitor can supply as many units as cost allows at the market price.

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