Collected Economic Papers, Volume 1Basil Blackwell, 1951 - Economics |
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Page 22
... rate of profit in all industries in the long period . In the real world entrepreneurship is no more homogeneous than land in the real world . This view of uniform normal profits may therefore be dismissed as a begin- ner's ...
... rate of profit in all industries in the long period . In the real world entrepreneurship is no more homogeneous than land in the real world . This view of uniform normal profits may therefore be dismissed as a begin- ner's ...
Page 159
... profit- ably utilized ( though the question of what rate of profit will keep them happy is nowhere discussed ) . To put the matter in terms of how entrepreneurs feel is rather confusing , because we are all the time dealing with ...
... profit- ably utilized ( though the question of what rate of profit will keep them happy is nowhere discussed ) . To put the matter in terms of how entrepreneurs feel is rather confusing , because we are all the time dealing with ...
Page 168
... profit- ably utilized ( though the question of what rate of profit will keep them happy is nowhere discussed ) . To put the matter in terms of how entrepreneurs feel is rather confusing , because we are all the time dealing with ...
... profit- ably utilized ( though the question of what rate of profit will keep them happy is nowhere discussed ) . To put the matter in terms of how entrepreneurs feel is rather confusing , because we are all the time dealing with ...
Contents
PART | 1 |
WHAT IS PERFECT COMPETITION? | 20 |
RISING SUPPLY PRICE | 35 |
Copyright | |
18 other sections not shown
Common terms and phrases
1817 LIBRARIES Alpha amount analysis argument assumption balance of trade buyer capital accumulation capital requirements capitalist commodities constant physical returns constant returns consumers consumption continuous cost curves decline in numbers deficit demand for money discussion Economic Journal economists elasticity employed factors employment policy entrepreneur equal equilibrium Euler's theorem exchange rate exports factors of production fall full employment gold Harrod imperfect imports industry inflation Keynes labour laissez-faire less long-period maintain marginal cost marginal physical product marginal product marginal utility Marx Marx's ment monetary money wages money-wage rates normal profits number of firms output perfect competition population position possible problem proportion quantity of money question rate of accumulation rate of interest rate of investment rate of profit rate of saving real income reduced sense slump standard stock of capital surplus tariff technical progress Theory of Employment thriftiness tion unit whole workers