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- W966201273 abstract "All production is for the purpose of ultimately satisfying a consumer. Time usually elapses, however—and sometimes much time—between the incurring of costs by the producer (with the consumer in view) and the purchase of the output by the ultimate consumer. Meanwhile the entrepreneur (including both the producer and the investor in this description) has to form the best expectations he can as to what the consumers will be prepared to pay when he is ready to supply them (directly or indirectly) after the elapse of what may be a lengthy period; and he has no choice but to be guided by these expectations, if he is to produce at all by processes which occupy time." @default.
- W966201273 created "2016-06-24" @default.
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- W966201273 date "2018-01-01" @default.
- W966201273 modified "2023-09-28" @default.
- W966201273 title "Expectation as Determining Output and Employment" @default.
- W966201273 doi "https://doi.org/10.1007/978-3-319-70344-2_5" @default.
- W966201273 hasPublicationYear "2018" @default.
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