Theory of Spatial Pricing and Market Areas |
Contents
Facets of economic space 513 | 5 |
Nonspatial and spatial nondiscriminatory | 17 |
A review of theories of nonspatial | 30 |
Copyright | |
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Common terms and phrases
aggregate demand alternative Appendix applies assumed assumption buyers located ceteris paribus Chapter circle circular market classical constraint consumers convex demand cost of production demand function derived discriminatory pricing distant buyers Dupuit economic space elasticity equation f.o.b. mill pricing firm in economic firm's fixed cost freight absorption freight cost freight rate given greater gross demand curve hence hexagon hexagonal market Hoover impact linear demand location theory Lösch M. L. Greenhut m₁ marginal cost marginal revenue marginal revenue curve market area market point maximum delivered price Monopolistic Competition monopoly pricing nondiscriminatory nonspatial number of firms oligopolistic oligopoly opportunity costs polygon price schedule price system production center profit-maximizing profits propositions ratios regular polygon requires result rivals seller simple monopoly Smithies space economy spatial competition spatial demand spatial monopolist spatial price discrimination specific submarkets tion total output yields zero zero-profit
