What people are saying - Write a review
We haven't found any reviews in the usual places.
Normative and Behavioral Positive Elements in the Analysis
2B Industry Equilibrium
2D Existence and Optimality of Sustainable Industry Configurations
54 other sections not shown
AC curve analysis assumption average cost curve average incremental cost Baumol behavior capital Chapter competitive equilibrium construction cost complementarities cost function cost surface cost-minimizing cross subsidy decreasing definition demand functions discussion economies of scope efficient entry barriers entry costs equal example exist feasible Figure firm's firms producing fixed costs hyperplane implies incumbent firms incumbent's industry configuration industry cost industry output industry structure industry's input prices integer intertemporal investment locus marginal cost market demand minimization minimum monopolist multiproduct firm natural monopoly number of firms oligopoly optimal output vector perfect competition perfectly contestable markets period permits potential entrants price vector problem product set product-specific profitable entry quantities Ramsey optimum Ramsey prices Ramsey-optimal ray average cost relevant requires result returns to scale revenues satisfy scale economies single-product subadditivity sufficient sunk costs sustainable configuration sustainable prices tion total cost trans-ray convexity translog unsustainability variable cost Willig yields zero
All Book Search results »