The Morals of Monoply And Competition ..
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7 cents in Araknsas; oil from the refinery in Richmond, Cal. , sold for 7. 2 cents in Southern Cali- fornia and for 15. 7 cents in Washington.^ Marketing costs explain part of the variety in different localities, but in no case a greater difference than 1. 86 cents a ' S. II, Table 133.
CHAPTER THREE 81 gallon, which amount represents the difTerencc between the markctmg costs in Southern California, 1. 36 cents a gallon, " and 3. 22 cents a gallon, the cost in South Texas. Density of population..., of course, can explain nothing in itself. If this makes any difference, it must affect either marketing costs or competition. But what marketing costs explain is already stated. It remains to consider competition.
In the footnote below, two tables are presented showing the relation between marketing costs and margins on the one hand, and the amount of competi- tion on the other. Table II gives the prices and mar- gins on oil in 23 towns where the Standard had no com- petition, and those in 12 towns which had from 30 to 50 per cent competition.
What to read after The Morals of Monoply And Competition ..?
You can find similar books in the "Read Also" column, or choose other free books by Homer B Homer Blosser Reed to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
7 cents in Araknsas; oil from the refinery in Richmond, Cal. , sold for 7. 2 cents in Southern Cali- fornia and for 15. 7 cents in Washington.^ Marketing costs explain part of the variety in different localities, but in no case a greater difference than 1. 86 cents a ' S. II, Table 133.
CHAPTER THREE 81 gallon, which amount represents the difTerencc between the markctmg costs in Southern California, 1. 36 cents a gallon, " and 3. 22 cents a gallon, the cost in South Texas. Density of population..., of course, can explain nothing in itself. If this makes any difference, it must affect either marketing costs or competition. But what marketing costs explain is already stated. It remains to consider competition.
In the footnote below, two tables are presented showing the relation between marketing costs and margins on the one hand, and the amount of competi- tion on the other. Table II gives the prices and mar- gins on oil in 23 towns where the Standard had no com- petition, and those in 12 towns which had from 30 to 50 per cent competition.
What to read after The Morals of Monoply And Competition ..?
You can find similar books in the "Read Also" column, or choose other free books by Homer B Homer Blosser Reed to read onlineMoreLess
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