Transaction-Cost Influences on the Adjustment of Industries' Prices and Outputs
- 1 November 1987
- journal article
- Published by JSTOR in The Review of Economics and Statistics
- Vol. 69 (4) , 575
- https://doi.org/10.2307/1935951
Abstract
Short-run adjustments of prices and outputs in producer-goods industries should reflect suppliers' continuing quasi-contractual relationships with their ind...Keywords
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