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Author : Friedrich August Hayek
Publisher :
ISBN 13 :
Total Pages : 186 pages
Book Rating : 4.E/5 ( download)
Download or read book Prices and Production written by Friedrich August Hayek and published by . This book was released on 1935 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : R.W. Shephard
Publisher : Springer Science & Business Media
ISBN 13 : 3642515789
Total Pages : 116 pages
Book Rating : 4.6/5 (425 download)
Download or read book Cost and Production Functions written by R.W. Shephard and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study is the result of an interest in the economic theory of production intermittently pursued during the past three years. Over this period I have received substantial support from the Office of Naval Research, first from a personal service consulting contract directly with the Mathematics Division of the Office of Naval Research and secondly from Project N6 onr-27009 at Princeton Univer sity under the direction of Professor Oskar Morgenstern. Grateful acknowledgement is made to the ·Office of Naval Research for this support and to Professor Morgenstern, in particular, for his interest in the puolication of this research. The responsibility for errors and omissions, how ever, rests entirely upon the author. Professor G. C. Evans has given in terms of a simple total cost function, depending solely upon output rate, a treatment of certain aspects of the economic theory of production which has inherent generality and convenience of formulation. The classical approach of expressing the technology of production by means of a production function is potentially less restrictive than the use of a simple total cost function, but it has not been applied in a more general form other than to derive the familiar conditions between marginal productivities of the factors of produc tion and their market prices.
Author : Friedrich August von Hayek
Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.:/5 (248 download)
Download or read book Prices and Production written by Friedrich August von Hayek and published by . This book was released on 1931 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Frank Dunstone Graham
Publisher : Ludwig von Mises Institute
ISBN 13 : 1610164512
Total Pages : 382 pages
Book Rating : 4.6/5 (11 download)
Download or read book Exchange, Prices, and Production in Hyper-inflation written by Frank Dunstone Graham and published by Ludwig von Mises Institute. This book was released on 1930 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Frank H. Knight
Publisher :
ISBN 13 : 9781409951834
Total Pages : 48 pages
Book Rating : 4.9/5 (518 download)
Download or read book Cost of Production and Price Over Long and Short Periods (Dodo Press) written by Frank H. Knight and published by . This book was released on 2008-12-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: Frank Hyneman Knight (1885-1972) was an important economist of the twentieth century. He obtained a B. S. and an M. A. (the latter in German) in 1913 at the University of Tennessee. He then moved to Cornell University for doctoral studies. His initial main subject was philosophy, but he soon switched to economics. He studied with Alvin Johnson and Allyn Young, who both supervised the work on his dissertation that was completed in 1916 under the title Cost, Value and Profit. He would subsequently revise it for publication under its more familiar name Risk, Uncertainty and Profit (1921). The famously opinionated Knight used his numerous book reviews in Chicago's Journal of Political Economy as a vehicle for his thoughts on many subjects. As a result, he was embroiled in many debates with the most prominent economists of his day ranging over capital theory, welfare theory, Keynesian theory and positivist methodology. His other works include: Cost of Production and Price Over Long and Short Periods (1921) and The Ethics of Competition (1923).
Author : Alan Blinder
Publisher : Russell Sage Foundation
ISBN 13 : 1610440684
Total Pages : 412 pages
Book Rating : 4.6/5 (14 download)
Download or read book Asking About Prices written by Alan Blinder and published by Russell Sage Foundation. This book was released on 1998-01-08 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do consumer prices and wages adjust so slowly to changes in market conditions? The rigidity or stickiness of price setting in business is central to Keynesian economic theory and a key to understanding how monetary policy works, yet economists have made little headway in determining why it occurs. Asking About Prices offers a groundbreaking empirical approach to a puzzle for which theories abound but facts are scarce. Leading economist Alan Blinder, along with co-authors Elie Canetti, David Lebow, and Jeremy B. Rudd, interviewed a national, multi-industry sample of 200 CEOs, company heads, and other corporate price setters to test the validity of twelve prominent theories of price stickiness. Using everyday language and pertinent scenarios, the carefully designed survey asked decisionmakers how prominently these theoretical concerns entered into their own attitudes and thought processes. Do businesses tend to view the costs of changing prices as prohibitive? Do they worry that lower prices will be equated with poorer quality goods? Are firms more likely to try alternate strategies to changing prices, such as warehousing excess inventory or improving their quality of service? To what extent are prices held in place by contractual agreements, or by invisible handshakes? Asking About Prices offers a gold mine of previously unavailable information. It affirms the widespread presence of price stickiness in American industry, and offers the only available guide to such business details as what fraction of goods are sold by fixed price contract, how often transactions involve repeat customers, and how and when firms review their prices. Some results are surprising: contrary to popular wisdom, prices do not increase more easily than they decrease, and firms do not appear to practice anticipatory pricing, even when they can foresee cost increases. Asking About Prices also offers a chapter-by-chapter review of the survey findings for each of the twelve theories of price stickiness. The authors determine which theories are most popular with actual price setters, how practices vary within different business sectors, across firms of different sizes, and so on. They also direct economists' attention toward a rationale for price stickiness that does not stem from conventional theory, namely a strong reluctance by firms to antagonize or inconvenience their customers. By illuminating how company executives actually think about price setting, Asking About Prices provides an elegant model of a valuable new approach to conducting economic research.
Author : Henry Hazlitt
Publisher : Crown Currency
ISBN 13 : 0307760626
Total Pages : 220 pages
Book Rating : 4.3/5 (77 download)
Download or read book Economics in One Lesson written by Henry Hazlitt and published by Crown Currency. This book was released on 2010-08-11 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: With over a million copies sold, Economics in One Lesson is an essential guide to the basics of economic theory. A fundamental influence on modern libertarianism, Hazlitt defends capitalism and the free market from economic myths that persist to this day. Considered among the leading economic thinkers of the “Austrian School,” which includes Carl Menger, Ludwig von Mises, Friedrich (F.A.) Hayek, and others, Henry Hazlitt (1894-1993), was a libertarian philosopher, an economist, and a journalist. He was the founding vice-president of the Foundation for Economic Education and an early editor of The Freeman magazine, an influential libertarian publication. Hazlitt wrote Economics in One Lesson, his seminal work, in 1946. Concise and instructive, it is also deceptively prescient and far-reaching in its efforts to dissemble economic fallacies that are so prevalent they have almost become a new orthodoxy. Economic commentators across the political spectrum have credited Hazlitt with foreseeing the collapse of the global economy which occurred more than 50 years after the initial publication of Economics in One Lesson. Hazlitt’s focus on non-governmental solutions, strong — and strongly reasoned — anti-deficit position, and general emphasis on free markets, economic liberty of individuals, and the dangers of government intervention make Economics in One Lesson every bit as relevant and valuable today as it has been since publication.
Author : Frank Hyneman Knight
Publisher :
ISBN 13 :
Total Pages : 44 pages
Book Rating : 4.:/5 (832 download)
Download or read book Cost of Production and Price Over Long and Short Periods written by Frank Hyneman Knight and published by . This book was released on 192? with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 426 pages
Book Rating : 4.:/5 (661 download)
Download or read book Prices of Production written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-02-04 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Prices of Production Karl Marx's critique of political economy includes a term known as "prices of production," which can be defined as "cost-price plus average profit." A production price is a form of supply price for products; it refers to the price levels at which freshly produced goods and services would have to be sold by the producers in order to obtain a typical, average profit rate on the capital spent to make the items. A production price may be thought of as a type of supply price for products. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Prices of production Chapter 2: Labor theory of value Chapter 3: Transformation problem Chapter 4: Organic composition of capital Chapter 5: Use value Chapter 6: Exchange value Chapter 7: Labour power Chapter 8: Reproduction (economics) Chapter 9: Valorisation Chapter 10: Surplus labour Chapter 11: Value product Chapter 12: Law of value Chapter 13: Productive and unproductive labour Chapter 14: Tendency of the rate of profit to fall Chapter 15: Okishio's theorem Chapter 16: Commodity (Marxism) Chapter 17: Capitalist mode of production (Marxist theory) Chapter 18: Socially necessary labour time Chapter 19: Surplus value Chapter 20: Das Kapital Chapter 21: Marxian economics (II) Answering the public top questions about prices of production. (III) Real world examples for the usage of prices of production in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Prices of Production.
Author : William G. Tomek
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (878 download)
Download or read book Agricultural Product Prices written by William G. Tomek and published by . This book was released on 1982 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : National Research Council
Publisher : National Academies Press
ISBN 13 : 0309265835
Total Pages : 117 pages
Book Rating : 4.3/5 (92 download)
Download or read book Exploring Health and Environmental Costs of Food written by National Research Council and published by National Academies Press. This book was released on 2012-12-28 with total page 117 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. food system provides many benefits, not the least of which is a safe, nutritious and consistent food supply. However, the same system also creates significant environmental, public health, and other costs that generally are not recognized and not accounted for in the retail price of food. These include greenhouse gas (GHG) emissions, soil erosion, air pollution, and their environmental consequences, the transfer of antibiotic resistance from food animals to human, and other human health outcomes, including foodborne illnesses and chronic disease. Some external costs which are also known as externalities are accounted for in ways that do not involve increasing the price of food. But many are not. They are borne involuntarily by society at large. A better understanding of external costs would help decision makers at all stages of the life cycle to expand the benefits of the U.S. food system even further. The Institute of Medicine (IOM) and the National Research Council (NRC) with support from the U.S. Centers for Disease Control and Prevention (CDC) convened a public workshop on April 23-23, 2012, to explore the external costs of food, methodologies for quantifying those costs, and the limitations of the methodologies. The workshop was intended to be an information-gathering activity only. Given the complexity of the issues and the broad areas of expertise involved, workshop presentations and discussions represent only a small portion of the current knowledge and are by no means comprehensive. The focus was on the environmental and health impacts of food, using externalities as a basis for discussion and animal products as a case study. The intention was not to quantify costs or benefits, but rather to lay the groundwork for doing so. A major goal of the workshop was to identify information sources and methodologies required to recognize and estimate the costs and benefits of environmental and public health consequences associated with the U.S. food system. It was anticipated that the workshop would provide the basis for a follow-up consensus study of the subject and that a central task of the consensus study will be to develop a framework for a full-scale accounting of the environmental and public health effects for all food products of the U.S. food system. Exploring Health and Environmental Costs of Food: Workshop Summary provides the basis for a follow-up planning discussion involving members of the IOM Food and Nutrition Board and the NRC Board on Agriculture and Natural Resources and others to develop the scope and areas of expertise needed for a larger-scale, consensus study of the subject.
Author : Fouad Sabry
Publisher : One Billion Knowledgeable
ISBN 13 :
Total Pages : 407 pages
Book Rating : 4.:/5 (661 download)
Download or read book Cost-of-Production Theory of Value written by Fouad Sabry and published by One Billion Knowledgeable. This book was released on 2024-01-18 with total page 407 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is Cost-of-Production Theory of Value The cost-of-production theory of value is a theory that is used in economics. This theory states that the price of an item or condition is decided by the total amount of the resources that were taken into consideration during its manufacture. Depending on the circumstances, the cost may include any of the production and taxes variables. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Cost-of-production theory of value Chapter 2: David Ricardo Chapter 3: Labor theory of value Chapter 4: Supply and demand Chapter 5: Piero Sraffa Chapter 6: Comparative advantage Chapter 7: Price Chapter 8: Transformation problem Chapter 9: Marginalism Chapter 10: Classical economics Chapter 11: Subjective theory of value Chapter 12: Exchange value Chapter 13: Theory of value (economics) Chapter 14: Law of value Chapter 15: Prices of production Chapter 16: Value (economics) Chapter 17: Ricardian socialism Chapter 18: Criticisms of the labour theory of value Chapter 19: Perspectives on capitalism by school of thought Chapter 20: International trade theory Chapter 21: Cambridge capital controversy (II) Answering the public top questions about cost-of-production theory of value. (III) Real world examples for the usage of cost-of-production theory of value in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of cost-of-production theory of value.
Author : Oliver E. Williamson
Publisher : Oxford University Press, USA
ISBN 13 : 9780195083569
Total Pages : 260 pages
Book Rating : 4.0/5 (835 download)
Download or read book The Nature of the Firm written by Oliver E. Williamson and published by Oxford University Press, USA. This book was released on 1993 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.
Author : Ann Pettifor
Publisher : Verso Books
ISBN 13 : 1786631377
Total Pages : 194 pages
Book Rating : 4.7/5 (866 download)
Download or read book The Production of Money written by Ann Pettifor and published by Verso Books. This book was released on 2017-03-28 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: What is money, where does it come from, and who controls it? In this accessible, brilliantly argued book, leading political economist Ann Pettifor explains in straightforward terms history’s most misunderstood invention: the money system. Pettifor argues that democracies can, and indeed must, reclaim control over money production and restrain the out-of-control finance sector so that it serves the interests of society, as well as the needs of the ecosystem. The Production of Money examines and assesses popular alternative debates on, and innovations in, money, such as “green QE” and “helicopter money.” She sets out the possibility of linking the money in our pockets (or on our smartphones) to the improvements we want to see in the world around us.
Author : Karl Kautsky
Publisher :
ISBN 13 :
Total Pages : 138 pages
Book Rating : 4.3/5 (243 download)
Download or read book The High Cost of Living written by Karl Kautsky and published by . This book was released on 1913 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Anoop Desai
Publisher : CRC Press
ISBN 13 : 0429944799
Total Pages : 530 pages
Book Rating : 4.4/5 (299 download)
Download or read book Production Economics written by Anoop Desai and published by CRC Press. This book was released on 2018-08-06 with total page 530 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book serves a unique purpose within the world of engineering. It covers the economics of modern manufacturing and focuses on examining the techniques and methods from a cost perspective. It can be used by both students and professionals alike. The book is useful to students in industrial engineering and mechanical engineering programs as a primary textbook for engineering economy, production costing, and related courses. It can also be used by MBA students specializing in production management and finance. Specific topics of coverage include the computation of direct and indirect cost for manufacturing operations, including a variety of overhead operations in such an environment. Costing of manufacturing methods such as casting, forging, turning, milling, and welding is addressed along with inventory analysis. The book also includes fundamental concepts such as cash flow analysis, present and future worth analysis, and rate of return analysis. Related topics such as equipment replacement, comparison of alternatives, depreciation, buy versus make decisions, interest factors, and equivalence are covered in detail as well. Key Features: Addresses the costing of manufacturing operations through a step-by-step problem solving approach. Includes traditional engineering topics such as cash flow analysis, present worth, future worth analysis, replacement analysis, equivalence, and depreciation are addressed in depth as well. Offers a variety of solved examples that can be used to develop a thorough understanding of the underlying concept. Provides a number of practice problems at the end of each chapter. Presents a large number of figures and tables in almost every chapter, to assist in visualizing the concept and apply it successfully. Production Economics: Evaluating Costs of Operations in Manufacturing and Service Industries focuses on rigorous problem solving. Each topic is presented succinctly along with numerous solved examples, along with a large number of end-of-chapter practice problems where applicable.
Author : Lawrence J. Gitman
Publisher :
ISBN 13 :
Total Pages : 1455 pages
Book Rating : 4./5 ( download)
Download or read book Introduction to Business written by Lawrence J. Gitman and published by . This book was released on 2024-09-16 with total page 1455 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
