The Theory of Wages

amount annual approximately average value productivity birth rate cause Census cent changes Chart Clark coefficient of correlation commodities computed constant cost crease curve of labor death rate decrease demand deviations differences diminishing distribution effect elasticity of supply employers equal equation exchange value fact factors of production fall Fertility Rates fixed capital formula gainfully employed given greater groups Ibid income increase increments industry Irving Fisher J. R. Hicks Journal of Economics labor and capital land less manufacturing marginal productivity curve marginal productivity theory Massachusetts measure moving average negative number employed output percentage period physical product productivity of labor productivity theory profits proportion quantity of capital quantity of labor rate of interest rate of wages real earnings real wages relationship rent result savings share South Wales standard error Statistics studies supply curve Table tend tendency tion tivity total product units of labor wage-earners Wales whole workers ӘР