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The book presents a systematic zero-net-profit comparative statics theory, offering fresh insights into the microeconomics of industry equilibrium. It delves into the dynamics of how industries reach equilibrium, emphasizing the role of profit and loss in shaping market behavior. Through this innovative approach, it aims to enhance the understanding of economic interactions within industries, making it a valuable resource for scholars and practitioners interested in microeconomic theory and industrial organization.
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Full Industry Equilibrium, Arrigo Opocher, Ian Steedman
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- 2015
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