Economics for the Accountant
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In our eReader you can find the full English version of the book. Read Economics for the Accountant Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Economics for the Accountant
What reading level is Economics for the Accountant book?
To quickly assess the difficulty of the text, read a short excerpt:
Thus, the laborer is supposed to bargain individually with the particu- lar entrepreneur for whom he works. The entre- preneurs are not supposed to combine in fixing prices.
It is obvious that the assumptions of competition are not always valid. The fluidity of labor, capital, capital goods, and land is not always so automatic as it is believed to be. Laborers, who have acquired skill in one occupation, cannot always change their crafts on short notice. Many laborers prefer to work for their ol...d employers at lower wages than to make a change. Capital, which has been transferred into fixed capital goods, cannot be shifted readily from one industry to another. Swords cannot literally be made into plowshares. Moreover, ignorance and carelessness may explain much of the immobility of the factors of production.
The producer does not always get the market price, particularly if he is located at a great distance from the market. The consumer through ignorance or through unwillingness and inability to *'shop" may pay too much for a particular brand.
What to read after Economics for the Accountant?
You can find similar books in the "Read Also" column, or choose other free books by Kemper Simpson to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
Thus, the laborer is supposed to bargain individually with the particu- lar entrepreneur for whom he works. The entre- preneurs are not supposed to combine in fixing prices.
It is obvious that the assumptions of competition are not always valid. The fluidity of labor, capital, capital goods, and land is not always so automatic as it is believed to be. Laborers, who have acquired skill in one occupation, cannot always change their crafts on short notice. Many laborers prefer to work for their ol...d employers at lower wages than to make a change. Capital, which has been transferred into fixed capital goods, cannot be shifted readily from one industry to another. Swords cannot literally be made into plowshares. Moreover, ignorance and carelessness may explain much of the immobility of the factors of production.
The producer does not always get the market price, particularly if he is located at a great distance from the market. The consumer through ignorance or through unwillingness and inability to *'shop" may pay too much for a particular brand.
What to read after Economics for the Accountant?
You can find similar books in the "Read Also" column, or choose other free books by Kemper Simpson to read onlineMoreLess
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