Revisiting Cournot and Neoclassical Economics (2nd part)

This paper is a continuation and completion of my article “Revisiting Cournot and Neoclassical Economics” (Nomidis 2023). It continues the search for the reasons that led Cournot and later Neoclassical theorists to consider an infinite number of minimal-size firms as a necessary condition for the achievement of perfect competition, which most probably led later the Neoclassical theory to the price taking and the horizontal demand curve for the firm. The paper demonstrates that these assumptions, which constitute the basis of mainstream economics, are wrong and lead to wrong conclusions