Example sentences for: spence

How can you use “spence” in a sentence? Here are some example sentences to help you improve your vocabulary:

  • 22, 2003); Tim Spence interview (Sept.

  • But as Stanford's Michael Spence pointed out in a classic, 20-year-old paper on this subject, profit-maximizing companies that know they face a learning curve will compete fiercely to move down it more rapidly, selling cheaply in the early stages of a product cycle (and therefore losing money) in the hope of making the money back later.

  • Or it could be "monopolistically competitive," each variety produced by a different firm--OK, Steve Salop wrote that up in one version, Mike Spence in another, Avinash Dixit and Joe Stiglitz in yet another.

  • After all, at the time the Harvard economics department included A. Michael Spence, who had won the Clark Medal (the highest award of the American Economic Association) largely for his work on--you guessed it--increasing returns.


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