Marginal Analysis, Multi-Plant Firms, and Business Practice: An Example

Abstract

I. Introduction, 253. — II. Allocation of output among plants, neglecting transmission losses, 254. — III. Practical solution of this problem, 258. — IV. Allocation of output, making allowances for transmission losses, 261. — V. Practical solution, making allowances for transmission losses, 265. — VI. Conclusion, 268.