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Incomplete harmony, as the name proposes, thinks about just a piece of the market to achieve balance. Jain proposes (credited to George Stigler): A halfway
Incomplete harmony, as the name proposes, thinks about just a piece of the market to achieve balance. Jain proposes (credited to George Stigler): "A halfway balance is one which depends on just a confined scope of information, a standard model is cost of a solitary item, the costs of any remaining items being held fixed during the analysis."[5]
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