Strictly convex variable cost does not imply U-shaped average cost

Risultato della ricerca: Articlepeer review

1 Citazioni (Scopus)

Abstract

We show that strictly convex variable costs do not imply U-shaped average costs and provide a sufficient condition for U-shaped average costs. As an application we study endogenous entry when firms have market power and they have decreasing average cost but increasing marginal cost.
Lingua originaleEnglish
pagine (da-a)766-770
Numero di pagine5
RivistaResearch in Economics
Volume70
Stato di pubblicazionePublished - 2016

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

Fingerprint Entra nei temi di ricerca di 'Strictly convex variable cost does not imply U-shaped average cost'. Insieme formano una fingerprint unica.

Cita questo