History of Political Economy, Volum 10Duke University Press, 1978 |
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Side 572
... curve for labor as determined by the latter's di- minishing marginal productivity . . . . But , as I have argued elsewhere , the planned labor inputs specified by this demand curve reflect the firms ' profit - maximizing behavior on the ...
... curve for labor as determined by the latter's di- minishing marginal productivity . . . . But , as I have argued elsewhere , the planned labor inputs specified by this demand curve reflect the firms ' profit - maximizing behavior on the ...
Side 590
... curve and the aggregate demand curve marks the point at which " the entrepreneurs ' expecta- tion of profits will be maximised " ( GT , p . 25 ) . For assume that an aggregate supply curve derived from profit - maximization ( not drawn ...
... curve and the aggregate demand curve marks the point at which " the entrepreneurs ' expecta- tion of profits will be maximised " ( GT , p . 25 ) . For assume that an aggregate supply curve derived from profit - maximization ( not drawn ...
Side 659
... curves F / D and D / P will allow us to deduce the curve F / P . “ Thus the cost of produc- tion curve , F / P , and the demand curve , D / P , are reduced to the same denominator , that is , to the same abscissa " ( Cheysson 1911 , I ) ...
... curves F / D and D / P will allow us to deduce the curve F / P . “ Thus the cost of produc- tion curve , F / P , and the demand curve , D / P , are reduced to the same denominator , that is , to the same abscissa " ( Cheysson 1911 , I ) ...
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Adam Smith aggregate demand aggregate supply aggregate supply function analysis argued argument Ballod Bank Bertil Ohlin Cairnes Campillo capital Catholic century changes Chapter Christian Church colonial concept consumers consumption demand curve discussion doctrine Duke University economic thought economists edition editor effect employment equal equilibrium essay expected expenditures export factor Fathers Federal Reserve growth Ibid important income increase Indian industry interpretation investment demand J. M. Keynes Jansenists Journal Keynes Keynesian labor later London Malthus ment Minard monetary theory moral Myrdal natural Ohlin Otto Steiger output Patinkin period Political Economy present price level Principles problem production profits Protestant Protestantism quantity rate of interest reduced reference relations Ricardo role saving Scholastics Smith Snyder social society statistical Summa Theologica supply price Thomas tion Todd Lowry trade usury wage Weber Weber's thesis Wicksellian writings York