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Market Structure and the Cyclical Flexibility of Price-Cost Margins

✍ Scribed by P. David Qualls


Book ID
124649789
Publisher
University of Chicago Press
Year
1979
Tongue
English
Weight
371 KB
Volume
52
Category
Article
ISSN
0021-9398

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This paper provides a conceptual analysis of the impact of imports on domestic price-cost margins via the interaction of economies of scale, conjectural variations, and demand elasticities. Positive or negative impacts can be theoretically justified based on the relative strength of these factors.