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There are two distinct components to a specialist's price schedule, prices and debths. This paper presents a model of a specialist's problem of choosing prices and debths jointly in order to maximize profits.
Persistent link: https://www.econbiz.de/10005245333
An oligopoly with spatially dispersed producers and consumers and with multi-period demands is modeled in this paper.
Persistent link: https://www.econbiz.de/10005779539