The Cyclical Behavior of Prices

The Cyclical Behavior of Prices
Author :
Publisher :
Total Pages : 50
Release :
ISBN-13 : PURD:32754063290153
ISBN-10 :
Rating : 4/5 ( Downloads)

Book Synopsis The Cyclical Behavior of Prices by : Geoffrey Hoyt Moore

Download or read book The Cyclical Behavior of Prices written by Geoffrey Hoyt Moore and published by . This book was released on 1971 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt:


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Because inputs are scarce, marginal cost should be an increasing function of output. Without changes in this real marginal cost schedule, aggregate output can v