How Long to Read Buyer Concentration, Market Structure, and Seller Profitability

How Long Does it Take to Read Buyer Concentration, Market Structure, and Seller Profitability?

It takes the average reader 1 hour and 58 minutes to read Buyer Concentration, Market Structure, and Seller Profitability by Douglas G. Brooks, Ph.d.

Assuming a reading speed of 250 words per minute. Learn more

Description

There is an extensive body of theory in Economics and Industrial Organization that relates market structure to the magnitude of seller economic profits. High levels of market (seller) concentration and high barriers to entry, combining in the extreme to yield a "perfect" monopoly, are assumed to result in the long run in high profits, while low concentration and barriers, yielding at the other extreme perfect competition, result in the long run in little or no economic profits....It is suggested in this dissertation that a problem with all previous studies relating market structure to seller profitability has been the lack of control for variations in important market structure variables. The most important exclusion has been the control for variations in the buyer concentration facing the sellers in an industry. A measure for buyer concentration is derived using the 1963 Input-Output tables, and this measure is shown to have a significant downward effect on seller profitability.....In addition, the usual control variable for barriers to entry, the advertising to sales ratio, is shown to be an inappropriate surrogate for barriers to entry, and an adjustment to that measure, reflecting advertising intensity in consumer's goods markets, is proposed....------------------In the early 1970's Douglas G. Brooks wrote three publications/articles related to buyer concentration. They included a dissertation, a monograph, and a trade journal article. Although the dissertation was never really published, the other two have been regularly referenced in scholarly articles and papers. However, they all have been out of print for decades and reference copies have been very hard to obtain. This book is a reprint of the original dissertation, as submitted. A new appendix has been added to inform the reader how to obtain free reprints of the other two articles.

How long is Buyer Concentration, Market Structure, and Seller Profitability?

Buyer Concentration, Market Structure, and Seller Profitability by Douglas G. Brooks, Ph.d. is 116 pages long, and a total of 29,696 words.

This makes it 39% the length of the average book. It also has 36% more words than the average book.

How Long Does it Take to Read Buyer Concentration, Market Structure, and Seller Profitability Aloud?

The average oral reading speed is 183 words per minute. This means it takes 2 hours and 42 minutes to read Buyer Concentration, Market Structure, and Seller Profitability aloud.

What Reading Level is Buyer Concentration, Market Structure, and Seller Profitability?

Buyer Concentration, Market Structure, and Seller Profitability is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Buyer Concentration, Market Structure, and Seller Profitability?

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