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Chapter 11 Industrial Structure and Trade in the Global Economy—Businesses without Borders PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western/Thomson.

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Presentation on theme: "Chapter 11 Industrial Structure and Trade in the Global Economy—Businesses without Borders PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western/Thomson."— Presentation transcript:

1 Chapter 11 Industrial Structure and Trade in the Global Economy—Businesses without Borders PowerPoint Presentation by Charlie Cook Copyright © 2004 South-Western/Thomson Learning. All rights reserved.

2 A Hypothetical Long-Run Average Cost Curve for an Aircraft Industry
Figure 11-1 A Hypothetical Long-Run Average Cost Curve for an Aircraft Industry Copyright © 2004 South-Western/Thomson Learning. All rights reserved.

3 Demand, Production, and Pricing at a Monopolistically Competitive Firm
Price and Cost per Unit Price and Cost per Unit Price and Cost per Unit Figure 11-2 Demand, Production, and Pricing at a Monopolistically Competitive Firm Copyright © 2004 South-Western/Thomson Learning. All rights reserved.

4 The Effects of Intra-Industry Trade under Monopolistic Competition
Figure 11-3 The Effects of Intra-Industry Trade under Monopolistic Competition Copyright © 2004 South-Western/Thomson Learning. All rights reserved.

5 Figure 11-4 Comparing Monopoly with Perfect Competition with Constant Marginal Cost Copyright © 2004 South-Western/Thomson Learning. All rights reserved.

6 Domestic Dumping by a Foreign Monopoly
Figure 11-5 Domestic Dumping by a Foreign Monopoly Copyright © 2004 South-Western/Thomson Learning. All rights reserved.

7 Questions and Problems- 10)
Table Key: Sales are in millions of units of the national currency; % denotes percentage of domestic and foreign share of total domestic sales, rounded to the nearest tenth of one percentage point; %2 denotes squared percentage of market share of sales, rounded to the nearest whole number. Copyright © 2004 South-Western/Thomson Learning. All rights reserved.


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