This article reviews economic and accounting bases for costs-of-production (COP) calculations It finds that the problems of circularity of arguments, potential cost� price spirals, and escalating land values are Inherent m all full COP methods of setting support prices Inflation, Income tax...

Competition is usually assumed as the general case in applications of classical and neoclassical economic theory Monopoly is treated as a special case Several leading economists during the thirties sought to develop a general theory of monopoly within which competition might be treated as a...

When using input-output analysis to measure the effect of exogenous changes in the value of final demand, it is important to identify the degree to which the change in value is due to changes in prices or to changes in the volume of demand. A modified input-output model is presented to...