Solution-Demonstrate that in the multiproduct-firm case

Demonstrate that in the multiproduct-firm case

Reference no: EM13874377

Demonstrate that in the multiproduct-firm case, equating the Lerner indexes for all products is equivalent to setting the prices proportional to their marginal costs. Explain why the Allais rule is inefficient.

Reference no: EM13874377

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Demonstrate that in the multiproduct-firm case

Reference no: EM13874377

Reference no: EM13874377

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