Profitability, Mechanization and Economies of Scale infrared The underpinnings of restoration

The underpinnings of restoration

Since it is not caused by any industry

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without devolving into a separate technical theory

Profitability, Mechanization and Economies of Scale infrared The underpinnings of restorationFirst 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