Assumes that market demand depends on aggregateinventory displayed, and then be divided between the firms proportional to their stocking quantity.
假设市场需求由所有零售商的存货量之和确定,而市场分割则与他们各自的存货量相关。
2
Aggregate profits growth has been flattered by the performance of Wall Street firms and distorted by one-off changes in the accounting treatment of inventory profits and depreciation.