File:Competitive market.jpg
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Size of this preview: 793 × 599 pixels. Other resolutions: 318 × 240 pixels | 635 × 480 pixels | 971 × 734 pixels.
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[edit]DescriptionCompetitive market.jpg |
English: 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. |
Date | |
Source | Own work |
Author | Crazyjungle@wikibooks |
Licensing
[edit]Public domainPublic domainfalsefalse |
I, the copyright holder of this work, release this work into the public domain. This applies worldwide. In some countries this may not be legally possible; if so: I grant anyone the right to use this work for any purpose, without any conditions, unless such conditions are required by law. |
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Date/Time | Thumbnail | Dimensions | User | Comment | |
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current | 07:26, 30 April 2012 | 971 × 734 (315 KB) | Crazyjungle (talk | contribs) | {{Information |Description ={{en|1=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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Orientation | Normal |
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Horizontal resolution | 72 dpi |
Vertical resolution | 72 dpi |
Software used | Adobe Photoshop CS4 Windows |
File change date and time | 00:07, 30 April 2012 |
Color space | sRGB |
Image width | 971 px |
Image height | 734 px |
Date and time of digitizing | 16:47, 29 April 2012 |
Date metadata was last modified | 17:07, 29 April 2012 |
Unique ID of original document | xmp.did:8BDBD2669092E111ADFB9BA45B7C2908 |
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29 April 2012
image/jpeg
619638c86bff55ec69b28682e84bfadc7f9444c8
322,360 byte
734 pixel
971 pixel
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