Agricultural Economics Research, Vol. 33: April, 1981 (Classic Reprint) - Softcover

Excerpt from Agricultural Economics Research, Vol. 33: April, 1981

Chamberlin differed from Keynes and Robinson, who viewed competition as a special case of general monopoly. Instead, he viewed monopolistic competition as the general case of which pure competition and pure monopoly were each special cases. But he fully agreed that the classical view - that competition was the general, and monopoly, the special case - was unacceptable. All three economists sought a system for which supply and demand curves do not necessarily inter sect in equilibrium and, therefore, for which the supply price is not equal to the demand price.

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This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Excerpt from Agricultural Economics Research, Vol. 33: April, 1981

Almost all changes in agricultural policy affect consumers directly or indirectly. For example, a ban on insecticides in corn production directly affects prices and quantities of products for which corn is an input as well as prices and quantities of substitute commodities. This research compares and evaluates alternative measures of consumer welfare for this example.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.