Brown, Drusilla K. (contributor); Kiyota, Kōzō (contributor) - 2005
incorporates imperfect competition in the manufacturing and services sectors, including
monopolistic competition, increasing … competition, including monopolistic competition, increasing returns to scale, and product
variety. Some details follow.
1
A … setting price as an
optimal mark-up over marginal cost. The numbers of firms in sectors under monopolistic
competition are …