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صنعت هزینه هدر رفته برونزا
In an exogenous sunk cost industry, the only sunk costs are exogenous setup costs.
An exogenous sunk cost industry may be an industry with homogeneous or horizontally di?
rst the case of an exogenous sunk cost industry.
More generally, as Sutton (1991, p. 308) states, the two robust predictions for exogenous sunk cost industries are: (i) the function that gives the lower bound to equilibrium concentration converges monotonically to zero as market size increases; and (ii) this lower bound shifts upward, in re-
The homogeneous-goods industries are examined in light of the theoretical predictions for exogenous sunk cost industries.
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