Cost of Production and Competitiveness

Authors

  • Saibal Kar Centre for Studies in Social Sciences, Calcutta and IZA, Bonn

DOI:

https://doi.org/10.33516/maj.v49i5.18-21p

Abstract

The strategic absence of public services in several areas (and presence in perhaps the wrong sectors) may not be conducive to competitive conditions, particularly when the private companies transfer large rents to regulators in our country and slowly capture the market beyond recuperation. Perfect competition, in fact, turns out to be absence of competition in the market, where every producer takes prices as given at both ends of the chain, outputs and inputs.

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Published

2014-05-01

How to Cite

Kar, S. (2014). Cost of Production and Competitiveness. The Management Accountant Journal, 49(5), 18–21. https://doi.org/10.33516/maj.v49i5.18-21p

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