角隅解 meaning in English

corner solution

Under linear demand and cost functions , we have reached the following main conclusions : ( 1 ) the capitalist selects his optimal location at the market with the smaller demand under the two pricing policies ; ( 2 ) total output under mill pricing is higher than that under uniform pricing ; ( 3 ) the dealer will prefer mill pricing , whereas the preference of the capitalist is indeterminate ; ( 4 ) the welfare level under mill pricing is definitely higher than that under uniform pricing ; ( 5 ) under uniform pricing , the optimal number affirms declines with an increase in the royalty ratio paid to the capitalist
在线性需求与成本函数的假设下，本文得到的结论是： ( 1 )在此二订价制度下，资本家均会将购物中心设立于需求较小之市场而有角隅解，但在运费外加的情况下，则可能得到中间解； ( 2 )单一出厂订价之产量高于单一运送订价之产量； ( 3 )厂商偏好采用单一出厂订价，但资本家之偏好则未定； ( 4 )单一出厂订价之社会福利必定高于单一运送订价之社会福利； ( 5 )单一运送价格制度下最适厂商家数之多寡随支付给资本家权利金之比率增加而减少。