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 Process Icon |
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Competitiveness and a steady state, we address to the world, where the majorityExisting production assets are a product of concrete process,
Which, probably, never will not repeat any more; where, owing to the incessant
Changes, value of the majority of more durable instruments of production almost
Or at all has no communication with the costs suffered by their production, but
The question on what depends only on their expected application in the future, in
Accuracy production costs of the given product, becomes a question Extremely difficult which it is impossible to answer definitely, being based On any processes in separate firm or branch. It Remains without the answer if not to make at first any assumptions
Concerning the prices for production in which manufacturing these tools will be
To participate. The large part of that is usually designated as Uizderzhki
From the product price, but the quasirent, or a rate of depreciation charged on
The capitalised size of expected quasirents and consequently depends on the expected
In the future of the prices. For each separate firm in competitive branch these quasirents, though and Depend on the price, are not less reliable and necessary index for
Definitions of a required volume of output, than true costs. On the contrary,
Only so it is possible to consider any alternative purposes mentioned by it
The decision. We will take for an example any unique instrument of production,
Which will be never replaced, which cannot be used out of The monopolised branch - and which, hence, has no market The prices. Its application is not connected with any costs defined
Irrespective of the price for its production. However if it is durable enough and
It can be used with it or smaller intensity, its amortisation It should be considered as true costs that it is rational to define Required volume of output during each separate moment of time. It so not Only because its possible services in the future should be compared with Results of its more intensive use in the present, but also therefore, That, while this tool exists, it saves services of any other factors,
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