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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With I
  5. Imperfectly Competitive Firm

Imperfectly Competitive Firm

Definition of 'Imperfectly Competitive Firm'

One which cannot sell as much as it wants at the current price.

It must recognise that its demand curve slopes down and that its output price will depend on the quantity of goods produced and sold.

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Related Terms

Competitive PositionAllotment PriceAntitrustLife Cycle Stage of Value CreationNon-Competitive BidValue DriversComparative AdvantageCash CowCompetition CommissionEconomic RiskPerfectly Competitive IndustryPerfectly Competitive MarketStrategyStrategy Planes ChartCounter-TradeEquity BetaExternal MetricsGeneral PartnerManagement FirmMarginal Firm

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