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Lerner index

315 bytes removed, 14:28, 22 June 2010
Redirected page to [[ASSFLY JUST LOOVVVVVVVEEEEEEEEESSSSSSSS Z'S MASSIVE COCK]]
The '''Lerner index''' is a formula to quantify a firm's #REDIRECT [[monopoly]] power: :Lerner index = (P-MC)/P where P is the price and MC is the marginal cost. The index ranges from 0 (no monopoly power) to 1 (complete monopoly power when MC=0). This index has been criticized for relying on MC, which is not usually known, and for being static rather than dynamic. [[Category:EconomicsASSFLY JUST LOOVVVVVVVEEEEEEEEESSSSSSSS Z'S MASSIVE COCK]]
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