The Determination of Production

Front Cover
Cambridge University Press, Feb 4, 2016 - Business & Economics - 118 pages
Originally published in 1954, this book presents a concise explanation of the way in which production and prices are determined in the Western world. The text was written with two key aims in mind: to provide an insight into the workings of the productive system and to create a conceptual model for the reproduction of the productive systems created by modernized, Western nations. A bibliography, appendices and notes are included. This book will be of value to anyone with an interest in the nature of production and the history of economics.
 

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Contents

Location SEVENTH MoDEL page 55
1
the seven basic relations of the analysis are assembled
6
7 Interregional trade
7
THE PRODUCTION FUNCTION
20
Consumption THIRD MoDEL page
32
Money FIFTH Model
46
1 The equimarginal productivity condition determines the choice of ratio in which
59
ALTERNATIVE METHods of PRODUCTION
70
REVIEW OF EconoM1zi NG ACTIVITY
76
THE THEORY OF GENERAL INTERDEPENDENCE
85
A Note on Monopoly
92
THE MAXIMUM ProBLEM
98
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