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R o- 208A8672 Page No..

unbet- ELonemiu TEST-1 Date lo7l2J
LHRHEC) ineipleu MIxnecmnues I .
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us) |Ualng oppuepuiak ologudn aka a Cenuponauue

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MC

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hakeuau tuuhapaHL MC_uAL ÄA net

 Page No.
Date

u a Ceabrkiliut Mauket {usns thou to

he kmpbly ume duihL tue uamtitiu
Huy

uuwal uat iNsummaluso biiAuise iE i álUimg

PRIcE IN THE COMPETETIVE_ MARKET

u MC tells thu
sth 6ecity pueuiskssg
Qnatinmial
M

ALamprihiu MAuket MauginalLAL hUA ute_-

oaad Aim_llla
pueolucrmg pAalucd Yu
tAprhtuiu
ui uul dhkuuuind uuu uAugiiaal tssd
iutets u dslmn10
 Page No.
Date

PRICLE IN A MONDPOLY

ME-

he MMnepely uLAtuict Hu wmkiu b1 Lals

MuuuaAL upuisk to Lalnoc
MAukid iU hLau
MAIepalat_Autuict

ABAepolÄ Mtuntd sthd-

puisg
CoST TO s0c1ETy

e o d wugut le14

TM
 Page No
Date

teal KLcouse_ hNe

1LL
e11eslislze_uustuisièvn
ueulohi uflimg to ydup to he
bekweesm

wads Um A Me11epsly,
Yhe loss iA LallLdsleool tuiglt Jees
 Date //

Page NNo.

Ceumprtikisn rmauket uing

un2Mefint muspaliskii
pui_aaaa_ulpud
diaguasua alekinniumu sHau
Hunha tais Mauket
iMhhsut amd_LaaA

MONDPOLISTIC CAMPETITIODN-
stuuLkuu_M_ LAMÜLls mamy {unds dilly
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uis ollscuiho
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A MAukol suuskal M _ A s s
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tuut "ua_islaskica u A usprlsteally

puaslustt i Makiu, kuut MAMY tius ians

Moks sissálas usalucts uat teuapetr 4aL Hue

e he Lu puulAe, MAMsArliat2 LenaheliHen.

MANY SELLERS hu au MauY Kilks dauuslund

taeMoukt mensABdist_CanhetitHar
that
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 Date
|Page No.

PROAUCT NASERENTIAT1ONL Larl

pLLenled tuat is ot Last ium pueoluMLA A
sligluky d14Lnst-

FRERFReR ENTRY ANA AXIT;

Auy{l LAu tau o1-

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uuu oMA 6AML
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hort-Run licisions en uthut ounnaf i u ,

CCeuemue
urtt MC

ATC

AR

MR

MC
e L n e u i

ATe
 | Date: //
Page No.

soLt-uM equihuiumtmolu_MAARRiatic
balaus

e2a to MAugisal cot MC YLe

at_Apainst paintsdsteumins
ue euilibuiM Muthud passu
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damgle ju HAaliaguasM MJpt pAge t u

dtenuiued hy ttu euihnhum utp muALplird
alifuALL kkutuusss AR ad ue AwLAQe
toAal LLt CAT), haapaisiu Mouspalisk12

Comaprils u Muepsliatik LeaprkiHn ca also-

LiLihuium uatput t Aauut lan HR-

euala MC sLishLenns du niulmizea
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ON OUTPUT
ONGA-RUN DECÍSION

RMC

Zue eenennue

LRATC

AR

MRL

qhuannki ty
 Date / 7
Page No.

ZAMgKu Decuim u utput ouud h i s

L
MALgMnal_dLAt _AMA MuLAMal HuALMALL
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udmasad
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for
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SXCE55 CAPACTTY
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tudCMdut_2 Mauk2 stuuuskusis leet
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EXCES5 CAPA CTTY UNAER_PEREECT_CDNPETITION

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LAC

AR-MR

uomliy
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 IPade iNo.

Date: //
Page No.

LeMaprithha MAuukt ituushiuuu_oLLLLLashrs

LAAA Me almomd
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eutial
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tu LA.
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EXCESS CAPACTTY UNAER
COMPETTITON MONofoLSTICC
kees tobaciy ia MAUL
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 Date
Page No.
irepiuscky LoprHHL_MALked LnsL
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miuinuA hoisat

dMAe Jaugi iuteuums eZ

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plety mhekipia_MaLkUs utput

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hat dLasla
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 Date //
|Page No.

CAuSEG_O XCESS CAPACZTY

1:|DeeMaauod- slepiug olenmoand cunu
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ts LAC uu hu LACis
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0
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ettuy-BPROL 2 Date 2loalz
CHRM+
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abselude aduaanloge iaA H usalueten

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 Page No.
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S l l u uu unale

al Jaksr enA utsat ismd0 uameLUD

e_a lakor heu uunt iuko clat 5
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oluouatuge iu_uo mnhoudU OpmeolsHAy-
tssfas4 A Lemmpasalune aolsuountage

anlsacundouge iw Matu.
 | Page No.

Date

ABSOLTE_AAVANTA E
ALAAMtuy aA MAbsaliaeanluomtuge

LAtulhs.

CAKMutudA. aAbsatut aaluonsdog

em Laupaliise oualsuasatoge uiok ueA

mol ot ALosut ppeunhuuky

LAmky ualtu o ohsrlule ooluaumtoge L L LU_

uat_

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V
absrll
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uagiu hat__éLennmmyA LompueourLb uislge4-

puedesL 0 Lwilgelu_Lhau uitu"wo1knd

 Page No..
Date

Lua lu4-Lea12my Ba4 ab4elucle

aalutaatage u tenanmy A u LLealuc4g
N

wiolg ets hewn Mumhu ployus

A 5

pusalueLs Asam Smif

Soid aod tsuatuis SLaulol 6Azcialize uu

abisu asluAaloge Luau CLLstuiua

Apesialie luel uasle uy MML
bymad tua
 Date:
| Page No. H

demaunsldiaguaun fpz
us2|uaue ta supply AMd splus
naponduing Louatuy a t ia AuAumiis
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loasa puslucn siuptuA hipauue duu uaale 7
alleurs2 Lnatis LS amd 4 ultu
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6efo7e hoxld
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Deniod omesti¢ (ucce

te
k1ale L
enuthë emustic
CDtuonunbE
uwoootrt-
 Date

OULLLAAnAMmie tHMA_JAALA
MAukd ALlma oLime
yShualyiu4 ha daunsip

buupim a0 OySuusice To Hae pusaluatn,

iE A u 'iliasguuA
AM_ahiliky o
ealuet
MOLLL eds uAouaimg
LUmdeustamoling CnAummu Suupsss sas usnlusn
buplua
uupu4,IE ipadosatto tsmolsustamd
Lvploin t u teu: ulatisnniuih
Kst_AAunLL aeLLAalue Suuuu

lLnosad'tusas 01MALAaaul diaapiu_ouuw

LMB) 04aal A6LusslyAUud manhimas
Y
CAt CAALMAAL
 Page No.
Date

MB o Lelharloate

eyhon pluyd arginoy

Cuae
brecetatt t s 6 9
CwAumu wpluA MLAso MuLtauy

uanlud
aulo h ullimgJo pauHbask Lotteapmmdinsg
supALy
C m
T

M: ro{Loeea*

3 S 6

lsn ksnemn AA rto welan AL Cema

 Page No.
Date L

hing HuMaukrt aLl tuu farkanu

uct_LaukLt stalL2
Oslafndtuisslaka i
LeAt_AMA MALgial diarsLA
S=M

3 . s 1 89o
dts

6A Luat _Au dongAs Hu puealuat puis

A beleruz tla maukrt _equiUhuiumpuka
MCuLAsimg pLLealiusd
htas SnpliuA

h l o l hlasSunphs uwa starA_