6 pages matching marginal cost curve in this book
Results 1-3 of 6
What people are saying - Write a review
We haven't found any reviews in the usual places.
Increasing Returns to Scale
Counteracting Monopolistic Power
2 other sections not shown
achieve addition to price algebraic argument average cost average total costs BASIS FOR TRANSPORT benefits of transport Canada Canadian Transport Commission carriers competitive output consumer surplus cover total costs covered without price demand for transport Diagram Economic and Social ECONOMIC BASIS economic growth economies of scale elasticity of demand equal to marginal Exercise of monopolistic extent factor of production factor-product relationships Fishlow flat rate subsidy function income distribution increases the utility increasing returns industries infrastructure labour costs marginal benefit marginal cost curve marginal revenue Mohring monopolistic power monopoly output monopoly profit non-economic benefits operation optimality Pareto requirements perfect competition price discrimination product-product relationships rail transport railroad railway transport redistribution reduced regional development respect returns to scale role of transport second best Social Analysis Branch social benefits social costs subsidy addition subsidy dollar subsidy per unit supply price theory of second transport costs U.S. railways unit of output