Increasing Marginal Revenue and Demand Elasticity
6 Pages Posted: 23 Oct 2013
Date Written: October 16, 2013
Abstract
If social "harm" is an inverse-U function against the degree of control of illicit drug markets, and if revenue can proxy "harm," what demand functions result in increasing marginal revenue?
Keywords: illicit drug markets, increasing marginal revenue, demand functions
JEL Classification: K420
Suggested Citation: Suggested Citation
Marks, Robert E., Increasing Marginal Revenue and Demand Elasticity (October 16, 2013). UNSW Australian School of Business Research Paper No. 2013-27, Available at SSRN: https://ssrn.com/abstract=2342858 or http://dx.doi.org/10.2139/ssrn.2342858
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