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Made in the conditions of falling average costs. [It assumes that Taxes from which damages are paid, do not fall exclusively on consumers
The blessings made in the conditions of falling average costs. And it, of course, so,
As the assumption that will be used income has been made and
Taxes similar to it.]
I think, nobody begins to challenge that in these conditions will take place
Something, equivalent to income redistribution. It - unique from
Authors considered here who openly recognises this moment. I will stop
On its explanation why he considers this objection insignificant. I believe,
That first of all Hotelling considers this objection unimportant therefore,
That for it initial distribution of incomes, at least, in Connected
States, is not optimum. Directly he does not tell it, but such understanding
Appears from its approach to a question [its notes in "General see, for example,
Welfare ", p. 259]. When it proves that the losses arising at
Use of a rule of limiting costs, it is necessary to compensate from the income
The tax, the tax to the inheritance and the land tax depending on
Site sites (taxes on the site value of land), I think that it
The belief pushed that rich and land owners already own too
The big share of cumulative riches and the income. But why fruits of it
Redistributions should get only to consumers of the blessings made in
Conditions of falling average costs? I believe that Hotelling does not see harm in
Pricing policy use as means of redistribution of the income
Because he does not consider important enough distinction between consumers
The products made in the conditions of falling average costs, and consumers
The products made in the conditions of constant or raising averages
Costs. It proves that, following such policy, the government
Would organise set of public jobs. "Randomness in distribution
Will be sufficient to provide such distribution of benefits that the majority
The country population will win as a result of program realisation as a whole"
[Ibid.]. It is equivalent to the statement that if to establish the prices on the limiting
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