The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case

In 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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Year of publication:	2010-02-06
Authors:	Grebennikov, Petr I

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Type of publication:	Book / Working Paper
Language:	English ; Russian
Notes:	Grebennikov, Petr I (2010): The theorem of consumer surplus and demand elasticity at equilibrium price in a monopolist competition case. Published in:
Classification:	D43 - Oligopoly and Other Forms of Market Imperfection
Source:	BASE

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