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prices for volume sold. …
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A low-cost foreign firm lowers its initially high price--dumping if necessary--until it drives the higher cost domestic firms out of business,whereupon it raises its price. At no time, however, does the foreign firm predate (price below its marginal cost). Tariffs, quotas, and other policies...
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This paper uses a theory of the way information affects average prices, the price distribution across stores, and the … information program. Since 1972, Vector has ShOl1n each grocery chain's prices on cable television in many cities. By providing … consumers with a relatively easy and inexpensive method of comparing prices across grocery chains, Vector's information program …
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uses a Korea CGE model, subjected to random fluctuation in world-prices and domestic food productivity, to evaluate these …
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