 | Prue Kerr, Geoffrey Colin Harcourt - Business & Economics - 2002 - 424 pages
...immediate gain — a supposition which, at least in our case, is not, as we have said, justified.7 The conclusion that the equilibrium is in general...difficulties as a limit to the development of the productive unit has been over-estimated as compared with the effect in the same direction exercised by the more... | |
 | Guang-Zhen Sun - Business & Economics - 2005 - 312 pages
...however. is more artificial and less in conformity with the customary method of regarding the matter. individual markets, requires only a very slight degree...difficulties as a limit to the development of the productive unit has been over-estimated as compared with the effect in the same direction exercised by the more... | |
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... which would be fixed by a single monopolistic association in accordance with the ordinary principles of monopoly. This result, far from being conditioned by the existence of an almost complete isolation of the individual markets, requires only a very... 