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Both books, not to mention persuasiveness of conclusions. However everything that because ofTo limitation of a place we can allow here to ourselves, it to deliver under
Serious question the assertion of Dr. Dikkinsona that Rest the modern technical
Conditions cases of decreasing costs are much more extended, than cases Increasing it - the application, which in a context where it is made, Obviously concerns incremental costs p. 108, D.
We will be limited to consideration only one question following from this part
The offered scheme, - a question on how it will supply real realisation in
Life of that principle that the prices should be equal to the lowest limiting
To costs on which it is possible to make corresponding quantity of production.
The question arising here concerns not to Uprostoy of loyalty or competence
Socialist managers. With the purposes of our argument it is possible to accept for
Starting point that they will and be able and aspire to make as cheaply, As the average capitalist businessman. The problem arises because of
Absence of one of the major forces, in originally competitive economy of the leader to
To cost-saving to is minimum possible level, - namely price Competitiveness. At discussion of problems such, as well as in it parts Modern discussions on an economic theory, this question is often treated How if curves of costs were objectively given facts. Thus It is forgotten that the cheapest under existing conditions a method
Day; and also that, despite strong stimulus, no means always the best
The method is opened by necessarily authoritative businessman, the chief already
Existing factory. In competitive company the force causing price cut To the lowest level of costs with what it is possible to make quantity Production on which at such costs there will be buyers, is Possibility for each to whom cheaper method is known to run risks and
To involve consumers, having established the price more low, than other manufacturers. However
This way is excluded, if the prices are established by the power. Any Improvement, any adaptation of the "know-how" to
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