<title>Abstract</title> The Specific Factors model is an excellent learning tool. It provides insights into the meaning of economic efficiency, how complex economies simultaneously determine prices and quantities (and that it is relative prices that matter), and how changes in demand conditions or technology...

Investigates the theory that the minimum wage decreases the number of quits in low-wage industries. Effects of minimum wage on employment; Multiple regression time-series analysis of low-wage industries; Determinants of labor mobility. (Abstract copyright EBSCO.)

S. Borenstein has demonstrated the compatibility of monopolistic competition and price discrimination. This paper applies this model to an industry that is often cited as the epitome of monopolistic competition, namely retail gasoline. It derives a hypothesis regarding the price spread between...