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Competition atomistic

Perfect or atomistic competition. In this situation the output of a product from each firm is a very small part of the total supply, and production decisions by any one firm have no influence on total supply and the product s market price (dp/dq = 0). The firm may decide to produce and to sell at any volume, but this choice has no influence on price. [Pg.65]

A solution to this equation yields Q = 76.6. At this production rate p = 1.24 per unit and n = 25.6. Figure 2.12 illustrates the example. The optimum in an unregulated monopoly yields a lower production level but a higher price and profit than under atomistic competition. In reality, government-sanctioned monopolies, such as an electric utility, have regulated prices. Such firms often try to maximize efficiencies and to increase market size but do not emphasize profit maximization. [Pg.68]

Proprietary research is carried out only by individuals and firms in an oligopoly, with the aim of developing more desirable products and more efficient processes. The results are protected by trade secrets and patents. In a monopolistic market, proprietary research need not be done, and in an atomistic competition, companies cannot afford it. Proprietary research has been responsible for most of the technical innovations that have enriched and improved our standard of living. Examples are nylons and polyesters for fibers and catalysts for cracking hydrocarbons. This type of research is expensive, and the payoffs are uncertain. Adequate rewards must be probable before such research will be undertaken, and the firm must be able to recover the research cost by exploitation of the market for a limited time period. [Pg.428]

Embedded atom potentials have been extensively used for performing atomistic simulations of point, line and planar defects in metals and alloys (e.g. Vitek and Srolovitz 1989). The pair potential ( ), atomic charge density pBtom(r), and embedding function F(p) are usually fitted to reproduce the known equilibrium atomic volume, elastic moduli, and ground state structure of the perfect defect-free lattice. However, the prediction of ground state structure, especially the competition between the common metallic structure types fee, bcc, and hep, requires a more careful treatment of the pair potential contribution ( ) than that provided by the semiempirical embedded atom potential. This is considered in the next chapter. [Pg.134]

Atomistic, or Perfect, Competition. If there is perfect competition, the amount produced by the atomistic firm will not affect p dp/dq = 0. Then... [Pg.65]

To maximize profit, the firm will produce the quantity of product at which the marginal cost equals the externally determined price, MC = p. In cases of perfect competition, the extra revenue derived from an additional unit of production is simply the market price (MC = MR = p). This is not affected by the action of the individual atomistic firm. [Pg.66]

The site-distribution model has recently been extended to mixed-gas sorption, and is able to account for competitive sorption effects (88). As with the dualmode model, the site-distribution model allows for the prediction of mixed-gas sorption by using parameters obtained from experimentally less complicated pure-gas sorption measurements. Like the dual-mode model, the site-distribution model is phenomenological, while the dual-mode model uses the bulk specific volume Vg and extrapolated equilibrium volume Ve as key parameters the site-distribution model relies upon the bulk shear modulus /u.g as a key parameter. The use of bulk parameters to characterize sorption which occurs at the atomistic scale is questionable from a fundamental point of view nevertheless, such models provide useful tools to describe and even predict the effect of conditioning and physical aging... [Pg.8624]

A possible approach to solving the problem of atomistic Monte Carlo (MC) simulation of reactive diffusion is suggested. The approach is based on an MC model with pair interaction energies which strongly depend on the local atomic surrounding. The new MC model describes the competition of two intermediate phases appearing in the diffusion zone. [Pg.121]

Hanumantha Rao, K., and Kundu, T. K. 2006. Atomistic simulation studies Competitive adsorption of water, methanoic acid and methylamine on pure and hydroxylated quartz. In Proceeding of XXIII Int Miner Process Cong. Eds. G. Onal, N. Acarkan, M. S. CeUk, F. Arslan, G. Atesok, A. Guney, et al. Promed Advertizing Limited, Isthanbul, Vol 3, 1729. [Pg.104]

The mechanism described above explains the relaxation effects found in atomistic descriptions of ionic surface structures. It mainly involves a competition between electrostatic and short-range repulsion forces. [Pg.54]

Until recently, most surface energy calculations have been based on classical atomistic approaches, which emphasize the competition between Madelung interactions and short-range repulsion between pairs of atoms. The surface energy may then be related to the value of the cohesion energy in the bulk and to the surface geometry. In Bom s model, in the bulk, the total energy per formula unit reads ... [Pg.87]


See other pages where Competition atomistic is mentioned: [Pg.172]    [Pg.172]    [Pg.112]    [Pg.334]    [Pg.309]    [Pg.18]    [Pg.292]    [Pg.2]    [Pg.340]    [Pg.342]    [Pg.194]    [Pg.59]    [Pg.125]    [Pg.307]    [Pg.218]    [Pg.104]    [Pg.706]    [Pg.378]    [Pg.378]    [Pg.349]    [Pg.447]    [Pg.580]    [Pg.122]    [Pg.116]    [Pg.126]   
See also in sourсe #XX -- [ Pg.56 , Pg.57 , Pg.65 , Pg.66 , Pg.348 ]




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