Competition Maximizes Total Surplus

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From the course by Рочестерский университет
The Power of Markets II: Market Structure and Firm Behavior
53 ratings
Рочестерский университет
53 ratings
From the lesson
Week 7 - Profit Maximization in Perfectly Competitive Markets
How Firms Maximize Profits in Perfectly Competitive Markets.

Meet the Instructors

  • Mark Zupan
    Mark Zupan
    Professor of Economics and Public Policy
    Simon School of Business