Profitability, Mechanization and Economies of Scale - 9781138332928

ISBN: 9781138332928
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Overview

First published in 1998, this book introduces a new concept of profitability, called the 'efficiency rate of profit', which is defined as the ratio between the unit net margin and the unit capital requirement and shows how the efficiency rate of profit may be used in the assessment of mechanization and economies of scale. The book also shows how the efficiency rate of profit relates to the financial opportunity cost of investment, thus resolving the long-standing controversy over 'interest as a cost'. Using real-world plant-level data, the book explains fully the process of mechanization, how increasing returns to scale works at the plant level through power rule relating plant or equipment cost to capacity and how and why it is more cost effective to combine mechanization with expanding the scale of production in one combined 'package' of efficiency improvement.

This book title, Profitability, Mechanization and Economies of Scale - 9781138332928, ISBN: 9781138332928, by Dudley Jackson, published by Taylor & Francis (June 30, 2020) is available in paperback. Our minimum order quantity is 25 copies. All standard bulk book orders ship FREE in the continental USA and delivered in 4-10 business days.

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Product Details

Author:
Dudley Jackson
Format:
Paperback
Pages:
332
Publisher:
Taylor & Francis (June 30, 2020)
Language:
English
ISBN-13:
9781138332928
Weight:
21.625oz
Dimensions:
6" x 8.625"
File:
TAYLORFRANCIS-TayFran_240601045007692-20240601.xml
Folder:
TAYLORFRANCIS
List Price:
$44.99
Series:
Routledge Revivals
Case Pack:
16
As low as:
$40.49
Publisher Identifier:
P-MISC
Discount Code:
H
Pub Discount:
30
Country of Origin:
United States

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