Excise Taxes and Commodity Promotion: A Diagrammatic Motivation
AbstractThis note shows how the solution to the promotion problemâ€”the problem of locating the optimal level of advertising in a downstream marketâ€”can be motivated simply, diagrammatically, and without the need to resort to complicated mathematical arguments. The optimality condition is for the level of the farm price to remain invariant to marginal adjustments in the program.
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Bibliographic InfoArticle provided by Agricultural Economics Association of Georgia in its journal Journal of Agribusiness.
Volume (Year): 16 (1998)
Issue (Month): 2 ()
Commodity promotion; Excise taxes; Optimality; Agribusiness; Marketing;
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- Holloway, Garth J., 2000. "Excise Taxes And Commodity Promotion: Bayesian Retrieval Of The Optimum," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 18(2).
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