either be a quantity solution, a quality solution, or a combination of both. Once a fixed cost is committed by contract, it … qualities, which do not further increase this fixed cost, is less costly. The Law of Demand therefore implies the quality and …/or the quantity solutions. The quality solution, as provided by the Alchian-Allen Theorem, is but a special case: where an …

I consider a contest in which the quantity of output is rewarded and another in which the quality of output is rewarded …. The output in the quality contest plays a dual role. It counts in the quality contest but it is also converted into … . I find that when the unit cost of producing quality is sufficiently high, then treating quality and quantity as the same …

development of the social networks led to a dynamic movement of information. The information quantity and quality along with the …

study is to analyze consumer evaluation of quality and quantity on demand for beef in Malaysia. A demand model incorporated … consumer socio-economic variables and another applied demand analysis incorporated quality variable are estimated via two …-stage least squares. Beef demand elasticities are estimated in the first demand model and a quality elasticity of demand for beef …

drinking water. Drinking water has its values in terms of time, space, quality and quantity. With the help of Tobit regression …

quantity of quality food at affordable prices, for people to live a life with dignity and for matters connected therewith or …