The Quality–Quantity Trade-off
The standard vertical-product-differentiation model assumes that quality and quantity are independent choices. That is, the choice of quality is separated from the decision of the number of units to produce. For certain products this is not appropriate. This note presents an extension to the vertical-product-differentiation model to incorporate the relationship between quality and quantity. Eastern Economic Journal (2008) 34, 95–100. doi:10.1057/palgrave.eej.9050009
Year of publication: |
2008
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Authors: | McCannon, Bryan C |
Published in: |
Eastern Economic Journal. - Palgrave Macmillan, ISSN 0094-5056. - Vol. 34.2008, 1, p. 95-100
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Publisher: |
Palgrave Macmillan |
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