2 ms·
> They're unstable, unless maintained by force You should look up work of Steve Keen in the theory of the firm. It's actually the other way around, the oligopo
by js8 4y ago
> They're unstable, unless maintained by force
You should look up work of Steve Keen in the theory of the firm. It's actually the other way around, the oligopoly pricing is stable, while pricing that sets marginal cost to marginal revenue is unstable.