Showing 1 - 2 of 2
Persistent link: https://www.econbiz.de/10001997270
This paper examines the impact of a marginal cost increase for one firm on price and quality in a duopoly market. The results are derived theoretically and then tested empirically. The marginal cost increase is interpreted as an increase in the wage one firm pays its workers. The predictions are...
Persistent link: https://www.econbiz.de/10014111570