Theory of Production: A Long-Period Analysis
Released: Mar 31, 1995
Publisher: Cambridge University Press
Format: Hardcover, 592 pages
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Description:
This book contains a comprehensive treatment of the theory of production in a long-period framework. The issues dealt with include prices and income distribution, economic growth, joint production, fixed capital, scarce natural resources (both renewable and exhaustible), and heterogeneous labor. The issues are treated analytically; in addition, the book's introduction provides a history of the subject.
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