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Spatial price theory and geographic markets
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agencies aggregate demand analysis antitrust enforcement antitrust laws antitrust statutes apply Bank base point base-point pricing basic basing-point behavior Benson budget bureaucratic buyers Chapter Clayton Act collusive common law competitors concentration considered consumers courts demand curve demand function distance economists effect elasticity entrant equation equilibrium exist f.o.b. pricing fact Federal Trade Commission firm's freight absorption geographic market given GO competition Greenhut illegal impact implies incentives increase individual demand industry interest group legislators lower marginal cost market area market delineation Merger Guidelines mill price monopoly negative exponential number of firms oligopolistic oligopoly output percent political potential practices pricing equation production center profit maximizing property rights proposed regulation relatively relevant restraint of trade result rival Robinson-Patman Act rule seller selling service area Sherman Act significant spatial competition spatial price discrimination spatial price theory transport costs United Utah Pie violation Wise County