Studies: Competition - Approximation of Legislation Series, Volume 29Office for Official Publications of the European Communities, 1976 - European Economic Community countries |
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Common terms and phrases
adoption agreements alignment allocation analysis applied argument assume assumption base price basic product basing point system benefit buyers cartels centres of production clear Communities compatible competitors concentration consider constraint consumer corresponding cost of carriage customers delivery demand curves described determine discrimination discriminatory delivered prices distance economic effect efficiency equal equilibrium establishment European fact factory prices Figure firms freight absorption geographical area given gives Greenhut gross identical industries instance interest interpenetration less linear located lower manufacturer marginal cost maximization means natural market obliged obtained operation optimum output perfect perfect information possible practice price competition price systems processed profits prohibited reflecting regional relation represents restrict result sell seller situation spatial pricing straight line structure supply systematic tacit territory theory trade transport costs uniform delivered price uniform fob price unit welfare