Pricing Power & the Public Interest: A Study Based on Steel

adjustment administered prices administrative competition area of discretion average behavior blast furnace Blough book values buying power cent increase Chart classical competition collective enterprise companies cost per unit costs per hour demand for money depreciation dollars efficient employment costs estimates expected figures finished steel prices fiscal fixed capital Hearings historical cost income Korean War market prices million monetary inflation money supply monopoly operating expenses output per man-hour period plant premium profits price changes price increase price leader price leadership price level pricing power principle producer margin production workers public interest rate of operation rate of return recovered reflation regulation relation reproduction cost result return on capital rise in steel standard rate Steel Corporation steel industry steel production steelmaking stockholders Table target rate taxes theory tion total labor cost type of inflation U.S. Steel unit of output United States Steel wage rates wholesale price index