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average productivity Capital K0 capital stock capital-output ratio Cobb-Douglas function Diagram 2.1 different scales differential wage structure due to rounding Engineering 0—9 Workers estimate expansion path factor price Factories Act FIXED AND TOTAL Fixed Capital four industries Grand Total Index max Index Weigh Industry and Scale Industry by Scale IRVING BRECHER Karachi Labour Curve large-scale firms Leather and Leather Leather Goods 0—9 Light Engineering marginal physical productivity medium and large-scale meration necessarily add number of workers PkUp Plastics 0—9 Workers population presented in Table productivity of capital productivity of labour profit maximization Profit P0 profit rates Rate of Return Ratio R/K0 REINVESTMENT RATIOS respect Return on Fixed returns to scale sample fraction sample mean savings and reinvestment scales of operation shadow prices small-scale smallest scale social optimality standard error Supervisory Table by Scale0 ted Index ted Max Textiles 0—9 Workers Total Capital totals due Value Added Weighted Workers 0—0 Workers Total