New Evidence on the Markup of Prices over Marginal Costs and the Role of Mega-Firms in the US Economy
收藏NBER2018-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w24574
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资源简介：
The markup of price over marginal cost reveals market power. The distinction between marginal and average cost is key. Average cost is easy to measure, but the price/average cost ratio understates the price/marginal cost ratio when fixed costs are present. In particular, in free-entry equilibrium,
提供机构：
美国国家经济研究局
创建时间：
2018-05-01
