Download or read book Price Profit and Production written by Louis August Rufener and published by . This book was released on 1927 with total page 874 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Theory of Price Uncertainty Production and Profit written by Clement Allan Tisdell and published by Princeton University Press. This book was released on 2015-12-08 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: Firms and farmers, under pure competition, must make production decisions in the face of price uncertainty. The author has integrated diverse theories of behavior under uncertainty to provide a new framework for his mathematical analysis of the impact of price uncertainty on the behavior of the firm. Drawing upon the work of Knight, Hicks, von Neumann, and Morgenstern, he develops a schema that accounts for a greater diversity of behavior than do existing theories, yet one which yields simple economic theorems of practical value. The conclusions he draws apply to both socialist and capitalist economics. Originally published in 1968. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.

Download or read book Prices Profit and Production written by J. William Leasure and published by Albuquerque : University of New Mexico Press. This book was released on 1974 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Cost of Production and the Theory of the Rate of Profit written by John Eatwell and published by . This book was released on 2019 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adam Smith set economists and examination question: what determines long-run normal prices and the associated rate of profit. The fundamental difficulty is that the long-run equilibrium prices of reproducible means of production (Smith's “natural” prices) must satisfy two conditions at the same time: they must clear the markets for the endowment of reproducible goods, and must be equal to the long-run prices associated with the reproduction of those goods.In the determination of normal prices in an economy with reproducible means of production, the term “cost of production” has no meaning since prices of reproducible goods enter their own “cost”. The concept of cost production is valid in an economy in which goods are defined by their physical essence and their location in time, when by definition no good is reproduced and “discounted” prices are determined without reference to a rate of interest (i.e. rate of profit). But the interpretation of such prices as “embodying” a general rate of interest lacks any coherent foundation, as was made clear by Malinvaud (1965, p.233):..... the relationships studied here are meaningful only under precise normalisation rules for undiscounted prices. Only discounted prices are determined by competitive equilibrium, or by the price system associated with an optimum. In the absence of a normalisation rule the interest rates are not defined and can assume any value greater than -1.There is no neo-classical theory of the rate of profit.

Download or read book Production and Cost Functions written by Erkin Bairam and published by Routledge. This book was released on 2018-04-27 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. The objective of this book is to discuss specification and applications of new production, cost and profit functions. It is aimed at specialists in production, economic growth, costs, profits and applied econometrics in particular.

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.

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).

Download or read book Pricing for Profit written by Dale FURTWENGLER and published by AMACOM Div American Mgmt Assn. This book was released on 2009-09-09 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many small business owners are trapped by industry pricing and market misconceptions, when they could be compensated for the true value of the product or service being offered. The low price they feel compelled to offer limits their ability to generate profits which, in turn, slows their response to changing customer needs. The good news is that a business can command almost any price it chooses by focusing on the value—not the cost—to the customer. Pricing for Profit shows businesspeople how to break out of the stranglehold of industry pricing and charge more for their wares (regardless of the competition) without alienating their customers. Readers will learn how to: • Quantify the value of their products or services • Distinguish between price buyers and value buyers • Bundle their offerings for competitive advantage and increased customer value • Craft a powerful marketing message that communicates value • Generate more unit sales and close more sales overall, at higher prices • Make more money with less effort Filled with easy-to-use formulas, sample scripts, clear examples, instructive exercises, and more, this accessible and practical guide is a must-read for businesspeople who want to be well-paid for the value they provide.

Download or read book Competition Monopoly and Differential Profit Rates written by Willi Semmler and published by . This book was released on 1984-03-02 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Economics of Production written by Bruce R. Beattie and published by John Wiley & Sons. This book was released on 1985 with total page 294 pages. Available in PDF, EPUB and Kindle. Book excerpt: Technical aspects of production: the productivity fundtions; Economic aspects of production: the input perpspective; Economic aspects of production: the output perspective; Multiproduct production; Duality theory.

Download or read book Cost and Revenue Constrained Production written by Rolf Färe and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: The basic notion underlying this monograph - budget or revenue constrained models of production - we owe to Ronald W. Shephard, who recognized its fundamental importance in modeling behavior in a wide variety of settings including the service and public sector. Our endeavor here is to extend Shephard's earlier work in several directions while maintaining his axiomatic approach. Our contributions include an expanded set of duality results and a general bent toward empirical implementation: including various parameterizations, applications to efficiency and productivity measurement, and shadow pricing. We hope to provide those engaged in empirical work with some powerful and useful tools which have received relatively little attention. The nature of the material in this monograph is somewhat technical, however, the level of mathematical difficulty is standard. Although we have tried to keep the monograph fairly self-contained, we have also kept technical detail to a minimum in the body of the text. Many technical extensions appear as problems at the ends of Chapters. The reader is also referred to the notes at the end of each chapter for references to additional literature. A prepublication draft of this manuscript was used as lecture notes in a graduate course in production theory at the Department of Economics at Bilkent University. We thank our students as well as faculty members for their patience and interest. Special thanks go to Dean Togan, Zeynap Koksal and Ali Dogramaci for making our stay in Ankara not only productive, but also enjoyable.

Download or read book Price Profit the Essential Guide to Product Service Pricing and Profit Forecasting Developing Your Competitive Pricing Strategy Using Performance based Contracts and Performance Incentives the Fundamentals of Cost Estimating and Profit Forecasting Valuable Contract Negotiation Tools for Buyers and Sellers written by William R. Berends and published by William R. Berends. This book was released on 2004 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Prices Profits and Production written by Charles Strout Davis and published by . This book was released on 1945 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Handbook of Production Economics written by Subhash C. Ray and published by Springer Nature. This book was released on 2022-06-02 with total page 1797 pages. Available in PDF, EPUB and Kindle. Book excerpt: This three-volume handbook includes state-of-the-art surveys in different areas of neoclassical production economics. Volumes 1 and 2 cover theoretical and methodological issues only. Volume 3 includes surveys of empirical applications in different areas like manufacturing, agriculture, banking, energy and environment, and so forth.

Download or read book Wages Price and Profit written by Karl Marx and published by Good Press. This book was released on 2021-04-10 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Wage-Labour and Capital" was derived from Marx's lectures to the German Workmen's Club of Brussels in 1847, during a period of great political upheaval. The relationship between wage labor and capital is a central concept in Marx's political economy analysis. This book is essential for understanding the evolution of Marxist theory.

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:

Download or read book Pricing and Price Regulation written by D. Bös and published by Elsevier. This book was released on 2015-12-04 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: This clear, precisely written text presents an important branch of the modern, micro-economically based theory of industrial organization and of public finance, utilizing calculus only. Answers are provided to some pertinent economic questions, such as the pricing policies of vote-seeking politicians, of empire-building bureaucrats and of out-put-maximizing and energy-saving public utilities. These policies are compared with the welfare economic benchmark rules e.g. on marginal cost pricing and Ramsey pricing. Great significance is attached to price regulation. The book elucidates the recent replacement of rate of return regulation by price-cap regulation. It also explains why many simple rules like yardstick regulation fail to achieve optimal prices, which shows how complicated it is to induce managers to truthfully reveal their private information. How this can be achieved properly is shown in various principal-agent models on regulation with uncertain costs, uncertain demand and with soft budget constraints.