The New Encyclopædia BritannicaEncyclopædia Britannica, 1983 - Encyclopedias and dictionaries |
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Page 21
... increase their outputs in response to an increase in the price of the product , they are likely to bid up the prices of some or all of the factors of production that they use . In that event the product supply curve as calculated will ...
... increase their outputs in response to an increase in the price of the product , they are likely to bid up the prices of some or all of the factors of production that they use . In that event the product supply curve as calculated will ...
Page 24
... increasing per capita public expenditure is really only a manifestation of economic progress . Such a tendency does not imply any inevitable increase in governmental functions . Even though there may be no theoretical ceiling on the ...
... increasing per capita public expenditure is really only a manifestation of economic progress . Such a tendency does not imply any inevitable increase in governmental functions . Even though there may be no theoretical ceiling on the ...
Page 31
... increase in output per worker or per capita signals the availability or poten- tial availability of increased quantities of goods and ser- vices for each individual . An increase in output per unit of capital or raw material does not ...
... increase in output per worker or per capita signals the availability or poten- tial availability of increased quantities of goods and ser- vices for each individual . An increase in output per unit of capital or raw material does not ...
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action activity administration American amino acids appear authority became become behaviour body bonds called century church civil common contains continued cost countries court debt early economic effects England English established example exist experience factors figures followed force function German given groups human important increase individual industrial influence interest involved issues Italy kind known land later less limited magazines major means ment methods movement nature occur opinion organization original parties percent period person petrels political possible practice present printing problems production prophets prostitution proteins Protestant psychology published pumps puppet reform responsible result Roman rules social society species structure tend term theory tion United usually various