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Routledge Profitability, Mechanization and Economies of Scale - Routledge

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£136.12 £132.63 £133.39 £134.15 £134.92 £135.68 £136.44 26 July 2026 06 August 2026 18 August 2026 30 August 2026 11 September 2026
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10 days 38 days · current 0 10 19 29 38 £133 £136 Days at Price

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Most common price: £136 (38 days, 79.2%)

Price range: £133 - £136

Price levels: 2 different prices over 48 days

Description

First published in 1998 and now revived by Routledge, this book introduces the 'efficiency rate of profit' - a novel concept defined as the ratio between unit net margin and unit capital requirement. It demonstrates how this metric can be applied to assess mechanization and economies of scale in business operations. The work addresses the classical economic debate surrounding interest as a cost by connecting the efficiency rate of profit to the financial opportunity cost of investment. Using actual plant-level data, the book provides detailed analysis of mechanization processes and their impact on profitability, offering practical insights for business professionals, economists, and scholars studying economic history and corporate financial strategy.

Key Features

Introduces the efficiency rate of profit concept, defined as the ratio between unit net margin and unit capital requirement for mechanization assessment.

Resolves long-standing economic controversy over interest as a cost by linking efficiency rate of profit to financial opportunity cost of investment.

Provides real-world plant-level data to explain mechanization processes and their relationship to profitability and economies of scale.

Originally published in 1998 and reissued as a Routledge Revivals title for contemporary readers interested in economic history.

Serves business professionals, economists and academics studying the connection between capital investment, mechanization and corporate profitability.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 July 2018
Listed Since
19 July 2018

Barcode

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