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Keywords: Long-run Marginal Cost
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Teaching Notes
Journal:
Teaching Notes
Teaching Notes 1–20.
Published: 26 May 2014
... that for the sake of long-term development of natural gas sector in fast developing economies like India, the long-run marginal cost (LRMC) seems to be the most suitable pricing policy. In the case analysis, we present a theoretical framework of calculating LRMC while acknowledging that the conditions necessary...
