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Competition if the curve of its costs has a positive inclination, and in conditions
Imperfect competition its size is limited, because is unprofitable
To make it is more than that is made at equality of limiting costs and
Limiting gain. Austin Robinson names it the decision of a problem of a survival
Small firms "for an imperfect competition". But after all it is clear that the firm can
To make not one product, and a little; means, it is not visible prima facie the reasons,
That this curve of costs having a positive product (in case of the made
Competition) or that fact that limiting costs not always will be more low
Limiting gain (in case of an imperfect competition), limited the size
Firms. Perfect Competition//
American Economic Review, n. 1). It is followed by Goratsy
- ml. (Horace J. White Jr., A conclusion of Austin Robinsona in "a management Problem" is represented
Definitely false (Problem of Management, December 1936, Monopolistic, p. 249, n. 27) which confirms:
"It is obvious that the size of firm is limited in the conditions of the monopolistically
Competition ". and p. 645 Dzhoan Robinson does simplifying assumption that
One product 1933, The Economics of Imperfect is made only
Competition; London: Macmillan, Robinson Joan, Co. and p. 17. But after all it is very important
To investigate, than the quantity of the products made by firm is defined, and
Any theory assuming that is made only, one product, not
Can have the big practical value.
To me can respond that in the conditions of a perfect competition, as all
The made can be sold at the prevailing price, there is no need in
Manufacture of any other products. But this argument ignores that fact that
The situation is possible when more cheaply to organise exchange transaction by the new
Product than to organise additional transaction of an exchange by the former
Product. It is possible to illustrate it as follows. Imagine, following
For a background Tjunenom, small town, shopping centre and manufactures, rings
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