A Contribution to the Theory of Competitive Price

J. M. Clark

The Quarterly Journal of Economics, 1914, vol. 28, issue 4, 747-771

Abstract: The method of stating the laws of competitive price, 747. — Economics as a theory of limits, 750. — The factor of time, 751. — Fixed capital and joint cost, 754. — Price is indeterminate, 755. — Capital with limited mobility, 760. — Factors affecting extent of price cutting, 762. — Agreements and potential competition, 767. — Conclusion, 770.

Date: 1914
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