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as soon as there were two firms in the oligopolyresultedprice being set equal to marginal cost
According Price - outputsetprice equal to marginal cost
one firmsetsprice equal to marginal cost
when marginal cost is below average total costsettingprice equal to marginal cost
the governmentsetsprice equal to marginal cost
The competitive firmsetsprice equal to marginal cost
because of cutting priceswill setprice equal to marginal cost
each firmsetsprice equal to marginal cost
that a firm will select its outputto setmarginal cost equal to price
run competitive forcessetprice equal to marginal cost
the firmsto setprice equal to marginal cost
competitive forcessetprice equal to marginal cost
Some studentssetprice equal to marginal cost
The rulesetsprice equal to marginal cost
This tells a companyto setprice equal to marginal cost
the producersetsprice equal to marginal cost
e for a natural monopolysetsA ) price equal to marginal cost
The profit maximizing firmsetsmarginal cost ( see costs
the monopolistto setprice equal to marginal cost
the markupwill contributeto meeting Marginal cost pricing
it said as far as possibleshould setprice equal to marginal cost
Successive reductionsresultin price equal to marginal cost
So what the government needs to do , it needsto seta marginal cost pricing rule
in a perfectly competitive marketwill setPrice equal to Marginal Cost
that I said , letsetprices equal to marginal cost
both firmswill setprices equal to marginal cost
Economists ... that it would be more efficientto setprices equal to marginal cost
The central planning board ( CPB ) has three major functions in the Lange model : First it instructs firmsto setprice to equal marginal cost
ableto seta price above marginal cost
competitive equilibriumresultsin prices equal to marginal cost
If Firm II is charging C , then a best response for Firm 1 isto setprice equal to marginal costs
Company Awill setthe price at the marginal cost
In this equilibriumsetprices equal to marginal cost
affectingsetprices Cost factor
Firm Awill setthe price at marginal cost
Firm Bis settingthe price below marginal cost
that in perfectly competitive markets with marginal costs that increase with output , economic efficiency is achievedwill setprices equal to marginal cost
as a resultsetprice to the marginal cost
2009 price competitionleadsto prices equal to marginal costs
The classic prescription for economically efficient pricingsetprice at marginal cost
in financialwould resultin financial
the price equalsetsthe price equal
to a socially optimal outcomeleadsto a socially optimal outcome
to other forms of inefficiencyalso leadsto other forms of inefficiency
to write this piece on value - based versus cost - based pricingpromptedto write this piece on value - based versus cost - based pricing
transportation ratesto settransportation rates
to weak marginsleadsto weak margins
generallyleadsgenerally
to lower than average profitabilitycan leadto lower than average profitability
to lower than averagecan leadto lower than average
in productive and allocative inefficiencywill resultin productive and allocative inefficiency
to a misallocation of resources and loss of economic welfareleadsto a misallocation of resources and loss of economic welfare
to an obsession with cost cutting and price negotiationleadsto an obsession with cost cutting and price negotiation
from producing one more unit of outputresultsfrom producing one more unit of output
a welfare losscausesa welfare loss
to a consumption of qleadsto a consumption of q
in utilities not earning enough to cover large fixed costscould resultin utilities not earning enough to cover large fixed costs
to losses and average cost pricingleadsto losses and average cost pricing
to profit or lossesleadsto profit or losses
the loss(passive) caused bythe loss
evencan ... leadeven
to profitsleadsto profits
in revenues that do not cover total costresultsin revenues that do not cover total cost
to slower expansion of capacity than either higher or lower pricingleadsto slower expansion of capacity than either higher or lower pricing
to a financial deficitwill leadto a financial deficit
to positive profits and the threat of entrycan leadto positive profits and the threat of entry
thuswould ... leadthus
to move inventory without necessarily turning a profitis designedto move inventory without necessarily turning a profit
to allocative efficiencyleadsto allocative efficiency
to an upper bound of only 2 , i.e. , stable solutionsleadsto an upper bound of only 2 , i.e. , stable solutions
to an upper bound of only 2leadsto an upper bound of only 2
in allocative inefficiencywill resultin allocative inefficiency
in the most efficient use of resources to produce electricity as well as contributing positively towards the desirable characteristics of the other pricing philosophies reviewedresultedin the most efficient use of resources to produce electricity as well as contributing positively towards the desirable characteristics of the other pricing philosophies reviewed
from a one unit increase in outputresultsfrom a one unit increase in output
from a one unit increase in outputresultsfrom a one unit increase in output
marginal price(passive) will be setmarginal price
price so that it is greater than marginal costSettingprice so that it is greater than marginal cost
from increasing output by one unitresultsfrom increasing output by one unit
to a decline in the firm - specific markup of prices over marginal costsleadingto a decline in the firm - specific markup of prices over marginal costs
in market failureresultingin market failure