The traditional theory of the firm derives maximum profit by equating price with marginal cost. Edward Chamberlin brought in a U-shaped average total cost, to reduce the profit or even turn it into a loss. Isn't that foolish? This book eliminates Edward Chamberlin’s U-curve.
- ISBN:
- 1230007974311
- 1230007974311
-
Category:
- Economic theory & philosophy
- Format:
- Epub (Kobo), Epub (Adobe)
- Publication Date:
-
16-06-2024
- Language:
- English
- Publisher:
- Hak Choi
This item is delivered digitally
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