As recognized in literature on the dynamics of competition, many aspects of industry behavior appear to be inconsistent with short run profit maximization.
This paper is intended to illustrate the sheer diversity of factors which influenced pricing policy over a period of 14 years in part of the textile industry, taking a particular firm as an exam
THE competitive implications of manufacturer leasing have long been an important subject of concern in antitrust policy.
A basic contention of industrial organization theory is that firm numbers and the distribution of market shares among firms are important determinants of industry prices and profit.
PRECISE incoine figures for the real estate brokerage industry are not available, but the total annual revenues may be conservatively estimated at $12 billion.
It is commonly argued that mandatory reductions in advertising result in decreased consumption of the advertised product and reductions in product price.
ALTHOUGH risk is associated with all forms of research and development (R&D) activity, uncertainty is an inherent characteristic of basic research-defined as original investigation for the a
