Concentration and Price-Cost Margins in Manufacturing Industries

by Lee E. Preston and Norman R. Collins

Book Overview

Authors Collins and Preston, who have collaborated on earlier studies of industrial organization and marketing, are here concerned with the relationship between business concentration and profitability in American manufacturing industries. Economic theory states that prices are higher and price-cost margins wider under conditions of monopoly than under those of competition. the problem in applying this theoretical conclusion to empirical analysis...

• Format: Paperback
• Language: English
• ISBN: 0520306562
• ISBN13: 9780520306561
• Release Date: April 2022
• Publisher: University of California Press
• Length: 182 Pages
• Weight: 0.52 lbs.
• Dimensions: 0.4" x 5.5" x 8.5"