Space Model in monopolistic competition – analysis of international trade
A. Soukup, K. Šrédlhttps://doi.org/10.17221/2/2010-AGRICECONCitation:Soukup A., Šrédl K. (2011): Space Model in monopolistic competition – analysis of international trade. Agric. Econ. – Czech, 57: 169-174.
The article is interested in firm behaviour in the conditions of monopolistic competition and it shows the possibilities of the analysis of the firm behaviour in profit maximizing using the space model created by the contemporary microeconomic theory. This form of imperfect competition is often prevailing in the real environment.Keywords:
monopolistic competition, firm, price, equilibrium, space differences