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To groups and we should deal with a continuous number of relatives Substitutes where each unit would differ from other, but without a little
Any appreciable ruptures in it to a number. Results of the analysis of a competitiveness in
Such situation would have in many senses of more relation to conditions of the real
Lives, rather than a competitiveness in any one branch making the homogeneous
The goods which are sharply distinct from all other goods. Or, if a case, where any
Two goods are not identical, it is represented too extreme, we could
To address at least to a situation where no two manufacturers manufacture in
Accuracy of the identical goods that is the rule not only for all personal
Services, but also for the markets of many goods of a manufacturing industry, for example
The markets of books or musical instruments.
For our present problem I do not have need to undertake a little complete
The analysis of the markets of this kind, but it is necessary to ask simply what would be on them
Competitiveness role. Though the result would be, of course, uncertain in rather
Wide limits, the market all the same would generate a set of the prices, on which each
The goods would be sold cheaply enough to supersede relatives potential
Substitutes, - and in itself it at all a trifle if we take into consideration
Insuperable complexities of creation at least such system of the prices any other
Method, besides tests and errors in the market, when individual participants
Gradually learn the relevant facts for them. Certainly, truly that on the such
The conformity market between the prices and incremental costs it is necessary to wait only
In that measure in what elasticity of demand for commodity items comes nearer to
To the conditions assumed by the theory of a perfect competitiveness, or in what
Elasticity of replacement between the various goods comes nearer to infinity.
But all the matter is that in this case is absolutely ridiculous to consider such standard
Perfection desirable or to set as the purpose its achievement. A basis for
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