• M. L. Burstein


The study of economic efficiency has illuminated all sorts of objective resource-allocation problems in industry, war, government, etc. Another pay-off has been growing understanding of the reasons why many real-world problems are not soluble at all. Thus consider a basic textbook-like problem in economics.


Cash Flow Competitive Equilibrium Input Combination Private Cost Common Ownership 
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© M. L. Burstein 1978

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  • M. L. Burstein

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