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In the construction of the neoclassical core model, we assume that an individual company does not impact the market outcome through its decisions (dp/dq =
In the construction of the neoclassical core model, we assume that an individual company does not impact the market outcome through its decisions (dp/dq = 0). We also assume that the market demand curve has a negative slope (dp/dQ < 0). Why are these two assumptions not logically compatible with one another?
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International Marketing And Export Management
Authors: Gerald Albaum , Alexander Josiassen , Edwin Duerr
8th Edition
1292016922, 978-1292016924
