on page 17, Blanchard presents a Perelmanian perspective: "... for an increasing number of goods, from software to drugs, fixed costs rather than marginal costs are the main component of cost, with the implication that the price reflects mostly the markup rather than the marginal cost."
Julio Huato wrote: > I wonder if people here have free access to this paper (and will share > it off-list with the rest of us): > > http://www.nber.org/papers/w14259 -- Jim Devine / "Nobody told me there'd be days like these / Strange days indeed -- most peculiar, mama." -- JL. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
