Abstract
Economics recognizes two opposite market forms: competition and monopoly. In the competitive case the firms are very numerous and thus small in relation to the total size of the market. In consequence they consider market price as being approximately given independently of any action they can take on their own with regard to their supply.
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© 1997 Springer-Verlag Berlin · Heidelberg
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Puu, T. (1997). Duopoly and Oligopoly. In: Nonlinear Economic Dynamics. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-60775-2_5
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DOI: https://doi.org/10.1007/978-3-642-60775-2_5
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-64549-5
Online ISBN: 978-3-642-60775-2
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