Schumpeterian endogenous growth theory and evolutionary economics
β Scribed by Alain Alcouffe; Thomas Kuhn
- Publisher
- Springer-Verlag
- Year
- 2004
- Tongue
- English
- Weight
- 87 KB
- Volume
- 14
- Category
- Article
- ISSN
- 0936-9937
No coin nor oath required. For personal study only.
π SIMILAR VOLUMES
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## Abstract A firm chooses the production speed and amount of labor that maximizes profit in a perfectly competitive market. Faster production raises management expenses and the unit cost of production mistakes. Adding workers enhances the division of labor on the production line and raises workβin