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It is impossible, whether is better to make the decision of Hotellinga - Lernera, instead of that,

To establish the prices on average costs?

In this case arguments in favour of the decision of Hotellinga - Lernera is essential

Amplify, and even in two relations. First, clearly that, if to consumers Do not allow to get additional units on limiting costs,

There is a deformed distribution of factors of manufacture. Character of benefits,

Arising then: at decision-making of Hotellinga - Lernera, was already discussed

Above. It is possible to decide that if the prices for all blessings are established on averages

To costs it will not affect a choice of consumers as all prices will be Are lifted over level of limiting costs. But it would be correct, Hotellingom in "Econometrica" (April

1939). and if only

The rise in prices has appeared to proportional limiting costs that extremely

It is improbable. See discussion between Frichem Arguments in favour of the decision of Hotellinga - Lernera amplify also, if

To compare it to efficiency of pricing on average costs in quality The market test of readiness of consumers for payment of full costs. In

Maintains this test. And how about pricing under the average prices? That

The fact that consumers are ready to buy under the prices which cover averages

Costs, definitely shows that they prefer to receive value

Factors in this, instead of in any another, also to the form accessible to them

Compare: Wicksteed Philip H. The Common Sense of Political Economy, p. 675 - 676,

1933, Selected

Papers, Reviews on Economic Theory, London: G. Routledge AND Sons and Vol. 2.. As specifies Hotelling, difficulty that the return

Incorrectly. Economists know for a long time that, when a demand curve on all extent

Lies below a curve of average costs, it is possible by means of price discrimination

To increase an average gain so that to cover average costs. And when in To pricing basis average costs lie, necessarily there will be cases, At which consumers will be ready to pay full costs, but it will appear

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Standard Chess Icons Design chess games and Web pages faster with Standard Chess Icons! All white and black figures are provided as 2D and 3D icons, the graphics for chess board and timer are also present.

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Database Icon Set Database Icon Set brings you lots of stylish and colorful icons for database application development. The images are available in all the typical icon sizes and file formats include ICO, GIF, BMP and PNG.

Network Icon Library for Vista Vista Network Icon Library is a pack of network-related images. All the icons are provided in two versions, with and without shadow, a number of sizes and formats is available.

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