How Long to Read The Emergence of Oligopoly

By Alfred S. Eichner

How Long Does it Take to Read The Emergence of Oligopoly?

It takes the average reader 7 hours and 20 minutes to read The Emergence of Oligopoly by Alfred S. Eichner

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

Description

Originally published in 1969. In describing the emergence of oligopoly, Professor Eichner has written a history of the American sugar refining industry, one based in part on records of the United States Department of Justice. Sugar refining was one of the first major industries to be consolidated, and its expertise was in many ways typical of the development of other industries. Eichner's focus is on the changing pattern of industrial organization. This study is based on a unique four-stage model of the process by which the industrial structure of the American economy has evolved. The first part of the book traces the early history of the sugar refining industry and argues that the classical model of a competitive industry is inherently unstable once large fixed investments are required. The more closely sugar refining approximated this model, the more unstable the model became in practice. This instability led, in 1887, to the formation of the sugar trust. The author contends that the trust was formed not to exploit economies of scale but with the intent of achieving control over prices. In the second part of the book, Eichner describes the political and legal reaction that transformed monopoly into oligopoly. This sequence of events is best understood in terms of a learning curve in which the response of businessmen over time was related to the changing institutional environment in which they were forced to operate.

How long is The Emergence of Oligopoly?

The Emergence of Oligopoly by Alfred S. Eichner is 440 pages long, and a total of 110,000 words.

This makes it 148% the length of the average book. It also has 134% more words than the average book.

How Long Does it Take to Read The Emergence of Oligopoly Aloud?

The average oral reading speed is 183 words per minute. This means it takes 10 hours and 1 minute to read The Emergence of Oligopoly aloud.

What Reading Level is The Emergence of Oligopoly?

The Emergence of Oligopoly is suitable for students ages 12 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 The Emergence of Oligopoly?

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