Chapter 6 Economies of Scale, Imperfect Competition, and International Trade

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Chapter 6  Economies of Scale, Imperfect Competition, and International Trade

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... Types of economies of scale • Types of imperfect competition   Oligopoly and monopoly Monopolistic competition • Monopolistic competition and trade • Inter-industry trade and intra-industry trade. .. size of the industry • Internal economies of scale occur when the cost per unit of output depends on the size of a firm Copyright © 20 06 Pearson Addison-Wesley All rights reserved 6- 5 Types of Economies. .. 20 06 Pearson Addison-Wesley All rights reserved 6- 23 Monopolistic Competition and Trade (cont.) Copyright © 20 06 Pearson Addison-Wesley All rights reserved 6- 24 Monopolistic Competition and Trade

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