| 词汇 | imperfect-competition |
| 释义 | imperfect competition noun[ U ] ECONOMICSukus the situation in which there is little or no competition in a market, for example, because there is only one company selling a product and it can control its price and supply Compare perfect competition Examples of imperfect competitionimperfect competition An oligopsony is a form of imperfectcompetition. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Unlike perfect competition, imperfectcompetition invariably means market power is unequally distributed. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Later microeconomic theory distinguished between perfect competition and imperfectcompetition, concluding that no system of resource allocation is more efficient than perfect competition. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The correct sequence of the market structure from most to least competitive is perfect competition, imperfectcompetition, oligopoly, and pure monopoly. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. In the real world, markets often experience imperfectcompetition. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Hence the fiscal multiplier is less than one, but increasing in the degree of imperfectcompetition in the output market. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. He was a seminal contributor to the macroeconomics of imperfectcompetition, and has published extensively on labor economics, macroeconomic theory and policy, and the design of welfare systems. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. The reason for this is that imperfectcompetition in the output market tends to reduce the real wage, leading to the household substituting away from consumption towards leisure. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. This paper was the first to demonstrate in a simple general equilibrium model that the fiscal multiplier could be increasing with the degree of imperfectcompetition in the output market. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. Since at least the 1960s, macroeconomics has been characterized by further integration as to micro-based modeling of sectors, including rationality of players, efficient use of market information, and imperfectcompetition. From Wikipedia This example is from Wikipedia and may be reused under a CC BY-SA license. These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors. |
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