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Chapter 16. Monopolistic Competition. Gregory Mankiw

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Introduction.

Between Monopoly and Perfect competition.

Competition with Differentiated Products

- The Monopolistically Competitive Firm in the Short Run Competition with Differentiated Products

- The Long Run equilibrium Competition with Differentiated Products

- Monopolistic versus Perfect Competition Advertising

- The debate over advertising Advertising

- Advertising as a Signal of Quality Advertising

- Brand names

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