Abstract
In the preceding chapters we have largely ignored the output supply (and demand) side of the productive relationship, since our focus has been on the cost structure and its implications for productivity and economic performance. The quantity of outputs produced, and the resources used up in the process, determines returns to factors and ultimately the per capita product available for consumption. Analysis of the cost structure allows us to characterize optimum production, and thus real productivity.
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© 1999 Springer Science+Business Media New York
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Paul, C.J.M. (1999). Market Structure and Economic Performance. In: Cost Structure and the Measurement of Economic Performance. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-5093-8_6
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DOI: https://doi.org/10.1007/978-1-4615-5093-8_6
Publisher Name: Springer, Boston, MA
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Online ISBN: 978-1-4615-5093-8
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