Page 554 - Microeconomics, Fourth Edition

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13 MARKET STRUCTURE

13.1 AND COMPETITION
DESCRIBING AND MEASURING APPLICATION 13.1 Market Structure Metrics
MARKET STRUCTURE for U.S. Manufacturing Industries

13.2
OLIGOPOLY WITH APPLICATION 13.2 Corn Syrup Capacity
HOMOGENEOUS PRODUCTS Expansion Confirms Cournot

13.3

DOMINANT FIRM MARKETS APPLICATION 13.3 U.S. Steel: The Price of
Dominance
13.4

OLIGOPOLY WITH HORIZONTALLY APPLICATION 13.4 Smartphone Wars
DIFFERENTIATED PRODUCTS APPLICATION 13.5 Chunnel versus Ferry
APPLICATION 13.6 Wireless Number Portability
13.5

MONOPOLISTIC COMPETITION APPLICATION 13.7 Wine or Roses?
APPLICATION 13.8 When a Good Doctor
Is Hard to Find
APPENDIX

THE COURNOT EQUILIBRIUM
AND THE INVERSE ELASTICITY
PRICING RULE

Is Competition Always the Same? If Not, Why Not?

What brand of cola can you buy on your campus? If you are a student at Rutgers University or the University
of North Carolina, you can buy Pepsi but not Coca-Cola. If you attend the University of Arizona or Villanova
University, you can get Coca-Cola but not Pepsi. Your choice is limited because for nearly 20 years Coke and

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