Marshall and the Representative Firm

Josef Steindl

Chapter 3 in Economic Papers 1941–88, 1990, pp 37-49 from Palgrave Macmillan

Abstract: Abstract A theoretical discussion of the problem of size must start from the so-called ‘economies of large scale’; their existence is generally recognised by all economists and, as will be shown, among all the factors influencing the relative fortunes of firms of various size, they are probably the primary factor. It will be convenient to start with an exposition of the views of Alfred Marshall on the problem.

Keywords: Small Firm; Market Imperfection; Imperfect Competition; Profit Rate; Perfect Competition (search for similar items in EconPapers)
Date: 1990
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-20821-0_3

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DOI: 10.1007/978-1-349-20821-0_3

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