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Microeconomics II
book

Microeconomics II

by D.N. Dwivedi
August 2011
Intermediate to advanced content levelIntermediate to advanced
368 pages
14h 51m
English
Pearson India
Content preview from Microeconomics II
114 Chapter 5
Under [these] circumstances, a very wide variety of behaviour pattern becomes possible. Rivals may
decide to get together and cooperate in the pursuit of their objectives, … or, at the other extreme, may try
to ght each other to death. Even if they enter an agreement, it may last or it may breakdown.
8
Economists have, therefore, found it extremely dicult to make a systematic analysis of price and
output determination under oligopoly.
9
e complexity of the problem, however, could never deter the
economists from their eorts to nd a reasonable solution to the problem.
In accordance with the wide variety of behaviour patterns, ...
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Publisher Resources

ISBN: 9788131797655