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Yet another inspection copy of a text thumps on the desk. My test is to look at section on oligopoly - 9 time out of 10, I read this sentence. "one criticism of Sweezey's model is that it does not explain how the original price was arrived at." This seems pretty vacuous to me as critcisim as I can think of a dozen ways at which the price was arrived at - and Hall and Hitch suggested cost plus pricing in 1939. So what I'd like to know is just who made this critisim and why do authors keep on repeating this tired phrase - can anyone help?