Economic law of market areas (to the history of the subject)

In the article «the law of marketareas» is proposed to be put into scientific circulation of this country. The law may be stated as follows: the relation of prices in thetwo markets determines the location of the boundary line. The boundary line between the territories tributary to two geographicallycompe-ting market for like goods is a hyperbolic curve. The genesis of these law in foreign economic literature. The possibility of lawusage is shown at micro and macro levels.

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