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Journal Article Product Selection, Fixed Costs, and Monopolistic Competition Get access Michael Spence Michael Spence Stanford University Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 43, Issue 2, June 1976, Pages 217–235, https://doi.org/10.2307/2297319 Published: 01 June 1976
Michael Spence (1976) studied this question.