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Quarterly Journal of Economics Vol. 52 No. 4 1938

The Canadian Baking Industry: A Study of an Imperfect Market

Lloyd G. Reynolds

Harvard University Press

Abstract

I. Leading features of the industry: concentration of output, 660; excess capacity, 663; selling costs, 665; price-agreement, 667; the small baker, 668; chain-store buying, 670.— II. The theory of pure competition inadequate to explain the industry's behavior, 672; the industry viewed as a case of monopolistic competition embracing both product differentiation and oligopoly, 675.

DOI
10.2307/1885038
Volume
52
Issue
4
Pages
659
Sources
openalex crossref

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