5-1. Printer Hold-Up Suppose that in our National Geographic example, half of the original cost of the
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5-1. Printer Hold-Up Suppose that in our National Geographic example, half of the original cost of the rotogravure printing press is fixed and half is sunk. How low can the offered price go before the printer will rationally refuse to print magazines?
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Managerial Economics A Problem Solving Approach
ISBN: 9780324359817
1st Edition
Authors: Luke M. Froeb, Brian T. McCann
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