Titlebook: Introduction To Economics; Dudley Jackson Textbook 1982Latest edition Dudley Jackson 1982 banking.business economics.consulting.Distributi

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Efficient Production: Capital-Labour Substitution and Economies of Scale,ith the enterprise’s problem of attaining and maintaining minimum unit costs of production: Chapter 7 explains how unit costs are affected by capital-labour substitution and by economies of scale; Chapter 8 explains how unit costs are affected by technological change and by the learning curve. Toget

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Technical Progress: Technological Change, the Learning Curve, and Economic Growth,ltaneously the productivity of all factors of production combined (but is distinguished from economies of scale by not necessarily requiring an increase in the scale of production to achieve this improvement in total factor productivity). Technical progress has two aspects which may in the real worl

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