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Published in:
1989 | OriginalPaper | Chapter
Inventory Decisions
Author : Professor Dr. T. V. S. Ramamohan Rao
Published in: Economic Efficiency of the Organizational Decisions of the Firm
Publisher: Springer Berlin Heidelberg
Included in: Professional Book Archive
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Almost throughout the theory of monopolistic competition it has been acknowledged that the market conditions would be such that (a)the size and scope of the firm will have to be sufficiently large to enable it to adopt an effective policy of product differentiation, and(b)there is an under utilization of production capacity.