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Free Market and Perfect Competition: Global Data Trends
Hardcover
Series: Routledge Studies in the Modern World Economy
ISBN13: 9781032998374
Publisher: Routledge
Published: Nov 26 2025
Pages: 139
Weight: 0.88
Height: 0.44 Width: 6.14 Depth: 9.21
Language: English
This book provides a simple methodology to examine the deviations from Perfect Competition equilibrium condition, where the price level is set equal to the marginal cost. It empirically tests time series data to inform policymakers of how far the economy, or an industry is moving away from Perfect Competition, and in which direction.
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