Abstract
The central theme of Chamberlin’s monopolistic competition is that firms would generally find product differentiation as a preferable alternative to price competition. By appropriately choosing the quality (or variety) of products offered on the market they can generate a market advantage for themselves.
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© 1989 Springer-Verlag Berlin · Heidelberg
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Rao, T.V.S.R. (1989). Quality of Products. In: Economic Efficiency of the Organizational Decisions of the Firm. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-75005-2_4
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DOI: https://doi.org/10.1007/978-3-642-75005-2_4
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-540-51570-8
Online ISBN: 978-3-642-75005-2
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