constant markups. The differences are important quantitatively; price differences in Hungarian exports between Germany and the …

constant markups. The differences are important quantitatively; price differences in Hungarian exports between Germany and the …

particular firm-product level selection and constant markups. The differences are important quantitatively; price differences in …

adjustment to petroleum price increases and inflation, competition, changing occupational structure and trade structure, role of …

competition makes firms use the adjustment strategies more intensively, and it encourages price flexibility. For all shocks, the … costs more likely to be reduced are non-labor costs, followed by temporary employment. A high degree of competition and a …

oligopolistic market where firms compete in price and quality and where consumers are heterogeneous in knowledge: some consumers … types of signalling equilibria are possible. Both are characterised by dispersion and Pareto-inefficiency of the price …/quality offers. But, better price/quality combinations are signalled with lower prices in one type and with higher prices in the …

. Although competition expansion, generally precluding the advent of price competition. Price-cutting to drive out competitors … environment over those phases are as follows: Market development. Buyers are price insensitive because they knowledge of the … affects later sales, price reductions ca substantially increase the rate of market growth and the product’s long …