The Market and the State: Essays in Honour of Adam SmithClarendon Press, 1976 - 359 páginas |
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Página 205
... production . The other set of requirements is given by technology , which , by determining the quantity of productive labour to be employed , also helps to determine the amount of necessary consumption . The analysis of natural and ...
... production . The other set of requirements is given by technology , which , by determining the quantity of productive labour to be employed , also helps to determine the amount of necessary consumption . The analysis of natural and ...
Página 206
... productions , whereas in other types of production it is the tendency towards decreasing returns ( a tendency also of a dynamic character ) which prevails . The increase in production , which in this case takes place under conditions of ...
... productions , whereas in other types of production it is the tendency towards decreasing returns ( a tendency also of a dynamic character ) which prevails . The increase in production , which in this case takes place under conditions of ...
Página 226
... production for all the firms ; we have to allow for different cost levels in different firms . The larger the size of output , the lower the cost ; but , given the extension of the market , the larger the size , the more difficult is ...
... production for all the firms ; we have to allow for different cost levels in different firms . The larger the size of output , the lower the cost ; but , given the extension of the market , the larger the size , the more difficult is ...
Contenido
Adam Smith and the Industrial | 1 |
Smiths Contribution in Historical Perspective | 44 |
Sympathy and SelfInterest | 73 |
Derechos de autor | |
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Términos y frases comunes
Adam Smith aggregate demand agricultural analysis balance of payments banking benefit Britain British Cannan capital cent century changes commodity competition concept consumers costs course defence discussion distribution division of labour economic growth economic thought effects efficiency employment equal Europe exchange exports external factor fiscal free trade function important income increase individual industrial revolution inflation institutions interest investment Josiah Wedgwood labour market less limited London long-run manufactures marginal ment mercantilist modern economists monetary money supply monopoly Moral Sentiments natural liberty output perhaps Political Economy Political Economy Club population production Professor Musgrave profits progress Public Expenditures Public Finance question redistribution restrictions Ricardo rise role sector self-interest share Smithian social social welfare function society sympathy taxation terms of trade Theory of Moral tion tropical utility wages Wealth of Nations Wedgwood welfare economics