Random Fact

China's real GDP rose by 6.5% in 2013. It rose by 7.8% in 2012 (Wall Street Journal).

Unit 8: Monopolistic Competition and Oligopoly

Introduction
Section 1: Characteristics of a Monopolistically Competitive Industry
Section 2: Short-Run and Long-Run Profit Maximization for a Firm in Monopolistic Competition
Section 3: Characteristics of an Oligopoly Industry
Section 4: Oligopoly and Game Theory
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