Agric. Econ. - Czech, 2011, 57(4):169-174 | DOI: 10.17221/2/2010-AGRICECON

Space Model in monopolistic competition - analysis of international trade

Alexandr SOUKUP, Karel ©RÉDL
Department of Economic Theories, Faculty of Economics and Management, Czech University of Life Sciences Prague, Prague, Czech Republic

The article is interested in firm behaviour in the conditions of monopolistic competition and it shows the possibilities of the analysis of the firm behaviour in profit maximizing using the space model created by the contemporary microeconomic theory. This form of imperfect competition is often prevailing in the real environment.

Keywords: monopolistic competition, firm, price, equilibrium, space differences

Published: April 30, 2011  Show citation

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SOUKUP A, ©RÉDL K. Space Model in monopolistic competition - analysis of international trade. Agric. Econ. - Czech. 2011;57(4):169-174. doi: 10.17221/2/2010-AGRICECON.
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