Elements of Economics of Industry: Being the First Volume of Elements of Economics |
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Common terms and phrases
A. W. VERRALL ability action Adam Smith advantages aggregate agricultural amount artisans average Book capital and labour cause CHAPTER chief chiefly classes College commodity competition consumption cultivation demand and supply derived Diminishing Return dose duction Earnings of Management economic economists effect efficiency employers employés employment England English equal equilibrium evil exert expenses of production factors of production factory Fcap give grade growth higher Illustrated important income increase industry influence instance ISAAC TODHUNTER kind land less lower machinery manufacturer marginal utility material measure ment modern National Dividend nature normal Owens College person population Principles Producer's Surplus Professor purchasing Quasi-rent raise rate of interest rate of profits raw produce regard rent rise sell skilled supply price Surplus tend things tion trade Trinity College true Unions wages wants wealth workers
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