Elements of Economics for High Schools
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In our eReader you can find the full English version of the book. Read Elements of Economics for High Schools Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Elements of Economics for High Schools
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And what is the nature of the evidence required? The main points around which controversy centers are the following: When companies combine to form a monopoly do they permanently maintain the producing plants of the constituent companies or do they build a plant large enough to turn out the total supply? If the lat- ter policy is followed it is good evidence that the monopoly owes its power to the advantages of large-scale production and is therefore natural. If the former policy is followed it... proves that the monop- oly is not due to large-scale production, using the term production in the most limited sense, meaning merely the manufacturing part of the process and not including the marketing. There may be va- rious economies in marketing, such as saving the cost of advertis- ing and of cross-shipments, or obtaining lower rates by shipping in larger quantities. Where several rivals exist there is much waste in cross-shipments, while under monopoly control goods would be sent from the plant nearest the consumer, thus saving in the cost of transportation.
What to read after Elements of Economics for High Schools?
You can find similar books in the "Read Also" column, or choose other free books by Ulysses Simpson Parker to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
And what is the nature of the evidence required? The main points around which controversy centers are the following: When companies combine to form a monopoly do they permanently maintain the producing plants of the constituent companies or do they build a plant large enough to turn out the total supply? If the lat- ter policy is followed it is good evidence that the monopoly owes its power to the advantages of large-scale production and is therefore natural. If the former policy is followed it... proves that the monop- oly is not due to large-scale production, using the term production in the most limited sense, meaning merely the manufacturing part of the process and not including the marketing. There may be va- rious economies in marketing, such as saving the cost of advertis- ing and of cross-shipments, or obtaining lower rates by shipping in larger quantities. Where several rivals exist there is much waste in cross-shipments, while under monopoly control goods would be sent from the plant nearest the consumer, thus saving in the cost of transportation.
What to read after Elements of Economics for High Schools?
You can find similar books in the "Read Also" column, or choose other free books by Ulysses Simpson Parker to read onlineMoreLess
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