... seller under the conditions of perfect or pure competition . A comparable situation may obtain on the buyers ' side of the market . Conditions such as these make for imperfection in competition . And since such condi- tions are present ...
... Price Floor FIGURE 6-1 Marginal Cost Peak Demand Average Total Cost " Normal ... ceiling on oligopoly pricing is the pure monopoly level , which is reached ... 6–2 illus- trates the general conditions , with a scattering around the ...
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