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A Simple Model
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alternative sets Ambar Charkha amount of investment Appendix arc elasticity assume assumption calculation capital cost ceteris paribus Chapter Chenery choice of capital-intensity choice of techniques choosing commodity considerable consumer consumption corn output cotton criteria criterion curve depend depreciation diagram different techniques diminishing returns discount discussed Economic Development effect employed in department employment equations exports factors of production fixed capital given immediate output important income India industry involved Joan Robinson labouresque capital landesque capital Linear Programming machine machinery marginal productivity Maurice Dobb ment number of labourers opportunity cost period physical units planned economy possibility preference problem of choice production function rate of growth rate of rise rate of surplus ratio recurring costs relative prices relevant returns to scale rural sector social Strumilin's technique H technological choice Theory tion underdeveloped economy unit of output value added wage rate wages bill Welfare Economics worker