Exam (elaborations)
Introduction to Industrial Organization, 2nd Ed Solutions to End-of-Chapter Exercises Lu´ıs Cabral
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1 Introduction 1.1. Competition and performance.Empirical evidence from a sample of more than 600 UK firms indicates that, controlling for the quantity of inputs (that is, taking into account the quantity of inputs), firm output is increasing in the number of competitors and decreasing in marke...
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