Measurement of Capacity Utilization for Revenue-Maximizing Firms.
A dual measure of capacity utilization is developed for multiproduct, revenue-maximizing firms. Under the assumption of revenue maximization, the sensitivity of CU to a change in an individual product price is shown to be directly related to the product-specific scale elasticity. The results are given a simple graphical interpretation. Copyright 1995 by Blackwell Publishing Ltd and the Board of Trustees of the Bulletin of Economic Research
Year of publication: |
1995
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Authors: | Segerson, Kathleen ; Squires, Dale |
Published in: |
Bulletin of Economic Research. - Wiley Blackwell. - Vol. 47.1995, 1, p. 77-84
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Publisher: |
Wiley Blackwell |
Saved in:
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