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Economies of Scale in Multi-Output Production

John C. Panzar and Robert D. Willig
The Quarterly Journal of Economics
Vol. 91, No. 3 (Aug., 1977), pp. 481-493
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1885979
Page Count: 13
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Abstract

I. Introduction, 481.--II. Counterexamples, 482.--III. Economies of scale, 484.--IV. Technological regularity conditions, 487.--V. The profitability of marginal cost pricing, 488.--VI. Concluding remarks, 492.

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