TERMIUM Plus®

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HAVE COSTS TAXED [1 record]

Record 1 1981-01-21

English

Subject field(s)
  • Pricing Theory
OBS

(...) monopolistic and oligopolistic pricing above true marginal costs bring distortion of resource allocation(inefficiency and nonresponsiveness) even if the firms involved have their excess profits taxed or competed away.

French

Domaine(s)
  • Théorie des prix

Spanish

Save record 1

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