It takes the average reader 4 hours and 3 minutes to read Economic Analysis of Production Price Indexes by Franklin M. Fisher
Assuming a reading speed of 250 words per minute. Learn more
This work on index-number construction focuses on production indexes, including output and input deflators that can be used for constructing real output and real input. The authors treat separately the different production units: the firm, the industry, and the economy, as well as the different forms of industrial organization: monopoly, monopsony, and competition. Only in the simplest cases is the appropriate theory isomorphic to that of the cost-of-living index because of the interlinkages among the various production units. A firm cannot always assume that the behaviour of its competitors, suppliers, and customers will be unaffected by price changes and only in special cases can an industry take supply and demand conditions as given.
Economic Analysis of Production Price Indexes by Franklin M. Fisher is 242 pages long, and a total of 60,984 words.
This makes it 82% the length of the average book. It also has 75% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours and 33 minutes to read Economic Analysis of Production Price Indexes aloud.
Economic Analysis of Production Price Indexes is suitable for students ages 12 and up.
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