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Technology, Profit Risk, and Assessments of Market Performance

Roger Sherman, Robert Tollison

The Quarterly Journal of Economics · 1972 · Volume 86 · Issue 3

DOI: 10.2307/1880803

Abstract

I. Short-run cost and profit risk, 450. — II. Evidence that cost fixity affects profit risk, 452. — III. Cost behavior and firm size, 454. — IV. Links between market structure and market performance, 457. — V. Summary, 462.

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