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Titlebook: Increasing Returns and Economic Efficiency; Yew-Kwang Ng Book 2009 Palgrave Macmillan, a division of Macmillan Publishers Limited 2009 con

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xpedient; a . which merely reflects the immaturity of biology as a science, to be replaced at the earliest opportunity by the more rigorous terminology of force, energy, and potential which are the province of more mature sciences (i.e. physics), in which information is never mentioned. Or, it may b
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,Do the Economies of Specialization Justify the Work Ethics? An Examination of Buchanan’s Hypothesisrong support is provided for Buchanan’s hypothesis as a shift in preference by everyone from leisure to market goods produced under increasing returns; average-cost pricing increases utility even if evaluated in accordance with the original preference. Buchanan’s thesis probably has more relevance i
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Yew-Kwang Ng book will be of interest to applied linguists and social scientists interested in language-related issues including language learning and teaching, languagechange, language policy and planning, bilingualism/multilingualism, and language and identity. .978-3-030-88034-7978-3-030-88032-3
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Yew-Kwang Ng book will be of interest to applied linguists and social scientists interested in language-related issues including language learning and teaching, languagechange, language policy and planning, bilingualism/multilingualism, and language and identity. .978-3-030-88034-7978-3-030-88032-3
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Yew-Kwang Ng book will be of interest to applied linguists and social scientists interested in language-related issues including language learning and teaching, languagechange, language policy and planning, bilingualism/multilingualism, and language and identity. .978-3-030-88034-7978-3-030-88032-3
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Overview: Recognizing increasing returns disrupts much of the established wisdom in economic analysis, making money non-neutral, equity conflict with freedom, and encouraging goods with increasing returns efficient. This book discusses these problems and ways they can be handled, helping to explain phenomena in the real world.978-0-230-23681-3
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Introduction,Factors (including indivisibility, fixed costs, learning) leading to the existence and importance of increasing returns both at the firm level and at the economy level are discussed. The focus and conclusions of the monograph are outlined.
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