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OBJECTIVE 1: To inform readers about the dynamic relationship between prices and demand. OBJECTIVE 2: To explain the elasticities of demand and discuss the role and different forms of price elasticities and their interrelationship with income and cross elasticity. OBJECTIVE 3: To illustrate the different forms of market structures, including perfect competition, monopoly, oligopoly and monopolistic competition and to explain the influence of these market forms on how pricing can be managed.

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The Economics of Pricing

  • 章节

  • 发表日期：

    2025年

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  • Gábor Rekettye,
  • Jonathan Liu,
  • Pál Danyi

摘要

OBJECTIVE 1: To inform readers about the dynamic relationship between prices and demand. OBJECTIVE 2: To explain the elasticities of demand and discuss the role and different forms of price elasticities and their interrelationship with income and cross elasticity. OBJECTIVE 3: To illustrate the different forms of market structures, including perfect competition, monopoly, oligopoly and monopolistic competition and to explain the influence of these market forms on how pricing can be managed.