hnd经济学1微观经济学outcome1

Table of Contents 1.0 Introduction ............................................................................... 1 2.0 Oligopoly ........................................................................................... 1  Entry barriers ....................................................................................................... 1  Non-price competition ......................................................................................... 1 3.0 Explanation for Diagram in Oligopoly .......................................... 2 4.0 Pure Competitive Market ............................................................... 3  Lower prices ........................................................................................................ 3  Low barriers to entry ........................................................................................... 3 5.0 Explanation for Diagram in Pure Competitive Market ............... 3 6.0 Roles of Profit in Market Economy ............................................... 4  Demand for factor resources ............................................................................... 4  Market Entry ........................................................................................................ 5 7.0 The other two alternatives to profit maximization ....................... 5  Satisficing behaviour ........................................................................................... 5  Sales revenue maximization ................................................................................ 5 8.0 Influences on a Firm in the Short Run .......................................... 6 9.0 References ......................................................................................... 7 1 1.0 Introduction Marco and Micro economic knowledge we had learned in this pe...