MAKE A MEME View Large Image Competitive market.jpg en A graph to illustrate that in a perfect competitive market for information goods when the price is almost equal to the marginal cost which is usually a constant for information goods there is only net lost but no ...
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Keywords: Competitive market.jpg en A graph to illustrate that in a perfect competitive market for information goods when the price is almost equal to the marginal cost which is usually a constant for information goods there is only net lost but no profit When the average cost curve flattens out and do not cross with the marginal cost line Minimum Efficient Scale MES point does not exist More than one firms could possibly survive if the demanding quantities are large enough and it is not a monopoly market any more own Crazyjungle wikibooks 2012-04-29 Economic diagrams
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