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Published online by Cambridge University Press: 07 November 2014
1 Princeton, N.J.: Princeton University Press, 1957.
2 “The Measurement and Causes of Concentration,” this Journal, XXIV, no. 3, 08, 1958, 415–19.Google Scholar
3 “It is tautological that economies of scale rest on indivisibilities, for an indivisible productive service is defined as one which is not equally efficient in all sizes (measured in output).” Stigler, George J., The Theory of Price (New York, 1946), 202 n.Google Scholar For opposition to this definition and its use by Stigler, Knight, Kaldar, Lerner, Hicks, Allen, etc., see Chamberlin, E. H., “Proportionality, Divisibility, and Economies of Scale” as reprinted in his Towards a More General Theory of Value (New York, 1957), 169–203.Google Scholar