Das Baugewerbe in der Volks-, Berufs- und Betriebszählung von 1925

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Identifikator:: 1896933912

Document type:: Multivolume work

Author:: Keith, Arthur Berriedale http://d-nb.info/gnd/119086794

Title:: Responsible government in the Dominions

Place of publication:: Oxford

Publisher:: Clarendon Press

Year of publication:: 1912-

Collection:: Economics Books

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Identifikator:: 1896934455

URN:: urn:nbn:de:zbw-retromon-236504

Document type:: Volume

Author:: Keith, Arthur Berriedale http://d-nb.info/gnd/119086794

Title:: Responsible government in the Dominions

Volume count:: Vol. 1

Place of publication:: Oxford

Publisher:: Clarendon Pr.

Year of publication:: 1912

Scope:: LI, 568 Seiten

Digitisation:: 2022

Collection:: Economics Books

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Document type:: Multivolume work

Structure type:: Contents

Collection:: Economics Books

100 POLITICAL ECONOMY is that material curtailment of output is less to be apprehended in industries functioning under increasing returns than in those func tioning under decreasing returns, because in the former the smaller supply while it resulted in higher price would result also in the loss of the economies previously reaped from producing on a large scale. Yet another generalisation may be laid down, namely, that if monopolisation is to bring about a lower price it is most likely to do so (1) in industries in which much of the supply price under competition is made up of the expenses of securing as customers for particular firms persons who, in any event, would buy the commodity, and (2) in industries in which monopolisation lowers the cost of producing proper. We pass next to the cases in which dis criminative prices, or differential prices, as they are sometimes called, are possible. It may be said at once that discriminative charges cannot be imposed where competition is untrammelled, because the existence of these charges implies at least some agreement among producers. Differential charges are of three kinds, namely, persona], trade, and local.

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