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Composite Demand and Joint Supply in Relation to Public Utility Rates

Raymond T. Bye

The Quarterly Journal of Economics, 1929, vol. 44, issue 1, 40-62

Abstract: Discrimination in rate making commonly based on three principles. — Rates should conform to long-period normal values, 43. — Composite demand or joint supply are involved, 44. — The case of composite demand explained; overhead should be apportioned equally to all classes of service, 46. — The case of joint supply explained; overhead should be apportioned according to demand, 53. — How this principle can be applied in practice, 60.

Date: 1929
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The Quarterly Journal of Economics is currently edited by Robert J. Barro, Lawrence F. Katz, Nathan Nunn, Andrei Shleifer and Stefanie Stantcheva

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