## Readings in Industrial Economics: Theoretical foundations |

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### Contents

The Qualitative Content of Maximizing Models | 13 |

On the Theory of Expansion of the Firm | 34 |

Profit Growth and Sales Maximization | 46 |

Copyright | |

12 other sections not shown

### Common terms and phrases

analysis Archibald argument assume assumption average cost Baumol behavior Chamberlin Chicago comparative statics conjugate pairs cost curve cross-effects cross-elasticity of demand decision demand curve demand function derivatives determine differentiation earn economists effect elasticity of demand equal equation fact factor firm's Friedman growth maximizer Hence hypothesis Ibid implications income effect increase indifference curves industrial economics Kaldor large number long-run marginal cost marginal revenue market structure Marshallian maximum profit rate methodology minimum monopolistic competition normal profit number of firms obtain oligopolistic oligopoly optimal optimum output and advertising parameter perfect competition positive possible predictions problem product differentiation profit constraint profit curve profit maximization profits tax pure competition pure monopoly quality variation quantity rate of return result sales maximisation Samuelson second-order conditions shift slope staff Stigler substitution tangency tax rate theoretical theory of monopolistic tion total revenue variables welfare economics yields zero