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Expectation Enterprise and Profit: The Theory of the Firm (Studies in economics) (repost)

Posted By: libr
Expectation Enterprise and Profit: The Theory of the Firm (Studies in economics) (repost)

Expectation Enterprise and Profit: The Theory of the Firm (Studies in economics) by G. L. S. Shackle
English | September 3, 1970 | ISBN-10: 0043301606 | 160 pages | PDF | 3 MB

Production is a complex system of interdependent activities, necessary to the system as a whole, which itself depends on the continuance of each individual activity that composes it. In such a system, resources must be committed to specifi c technological purposes long in advance to the ultimate sale of goods to the consumer.