On the Economic Interpretation and Measurement of Optimal Capacity Utilization with Anticipatory Expectations
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This study builds on recent research giving the notion of capacity utilization clearer economic foundations. In this research optimal output Y* is defined as the minimum point on the firm's short-run average total cost curve, and capacity utilization is then computed as CU=Y/Y*, where Y is actual
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美国国家经济研究局创建时间：
1985-01-01
