𝔖 Bobbio Scriptorium
✦   LIBER   ✦

The Cost of Monopoly in Australian Manufacturing

✍ Scribed by Robert Dixon; Alan Gunther; Muhammad Mahmood

Book ID
108522180
Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
54 KB
Volume
34
Category
Article
ISSN
0004-9018

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

The social costs of monopoly?
The social costs of monopoly?
✍ Donald C. Wellington; Joseph C. Gallo πŸ“‚ Article πŸ“… 1994 πŸ› Springer US 🌐 English βš– 426 KB
The social costs of monopoly? Reply
The social costs of monopoly? Reply
✍ Donald C. Wellington; Joseph C. Gallo πŸ“‚ Article πŸ“… 1994 πŸ› Springer US 🌐 English βš– 130 KB
Innovation and the opportunity cost of m
Innovation and the opportunity cost of monopoly
✍ Michael Reksulak; William F. Shughart II; Robert D. Tollison πŸ“‚ Article πŸ“… 2008 πŸ› John Wiley and Sons 🌐 English βš– 186 KB

## Abstract Innovation enables monopolists to lower their costs, expand their outputs, and reduce their prices. It is conventional to conclude that social welfare unambiguously increases as a result. Assuming linear demand and marginal cost, this paper shows, however, that innovation raises the opp