The Economic Synthesis a Study of the Laws of Income
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In our eReader you can find the full English version of the book. Read The Economic Synthesis a Study of the Laws of Income 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 The Economic Synthesis a Study of the Laws of Income
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10, 000 units total quantity bought. Hence the co-operative, selfing at current price, ends by dispos- ing of a quantity of product equal to that which it could have sold at cost price. But let us suppose that, selHng at the price of 10 francs, the co-operative could dispose only of a more than proportionally smaller quantity of product, for example, 4000 units, for which it would receive 40, 000 francs, realising a profit of 20, 000 francs. This 20, 000 francs, distributed among the members, w...ould enable them to buy 2000 additional units of the commodity, and so on. The result would be : 40, 000 frs. , with which are purchased 4, 000 units, furnishing a profit of 20, 000 frs. 5> 5> 2, 000 >» 10, 000 99 >> 1, 000 9f 5, 000 9» J> 500 »> 2, 500 »» M 250 »t 1. 250 »» i) 125 »f 625 >» )> 62-5 >» 312-5 »» »> 31-25 If 166-25 >» >> 15-625 »» 78-125 »> 7-81 » 390625 J> 3-906 »♦ 19-5312 9> 1-95 »» 9-76 J» 0-97 ti etc. Etc. Total 80, 000 frs. Total 8, 000 units. Thus the co-operative society distributing its profits among the members succeeds in selhng no more than 8000 units of its product, or 2000 less than it could have sold at cost price.
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You can find similar books in the "Read Also" column, or choose other free books by Achille Loria to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
10, 000 units total quantity bought. Hence the co-operative, selfing at current price, ends by dispos- ing of a quantity of product equal to that which it could have sold at cost price. But let us suppose that, selHng at the price of 10 francs, the co-operative could dispose only of a more than proportionally smaller quantity of product, for example, 4000 units, for which it would receive 40, 000 francs, realising a profit of 20, 000 francs. This 20, 000 francs, distributed among the members, w...ould enable them to buy 2000 additional units of the commodity, and so on. The result would be : 40, 000 frs. , with which are purchased 4, 000 units, furnishing a profit of 20, 000 frs. 5> 5> 2, 000 >» 10, 000 99 >> 1, 000 9f 5, 000 9» J> 500 »> 2, 500 »» M 250 »t 1. 250 »» i) 125 »f 625 >» )> 62-5 >» 312-5 »» »> 31-25 If 166-25 >» >> 15-625 »» 78-125 »> 7-81 » 390625 J> 3-906 »♦ 19-5312 9> 1-95 »» 9-76 J» 0-97 ti etc. Etc. Total 80, 000 frs. Total 8, 000 units. Thus the co-operative society distributing its profits among the members succeeds in selhng no more than 8000 units of its product, or 2000 less than it could have sold at cost price.
What to read after The Economic Synthesis a Study of the Laws of Income?
You can find similar books in the "Read Also" column, or choose other free books by Achille Loria to read onlineMoreLess
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