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A Note on the Profitability of Wheat-ethanol-feedlot Production in Alberta

✍ Scribed by Brian S. Freeze; T. Peters

Book ID
111332038
Publisher
John Wiley and Sons
Year
1999
Tongue
English
Weight
93 KB
Volume
47
Category
Article
ISSN
0008-3976

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Static oligopoly analysis predicts that if a single ΓΏrm in Cournot equilibrium were to be forced to marginally contract its production, its proΓΏts would fall. On the other hand, if all the ΓΏrms were simultaneously forced to reduce their production, thus moving the industry towards monopoly output, e