Economics

Economics by Frank A. Fetter delves into the intricate world of economic principles exploring concepts like psychic income monopoly pricing and the impact of machinery on labor. The book analyzes the motivating force of psychic income the strategies of monopolists in setting prices and the dynamic nature of markets. It also discusses the interplay between factors of production value theory and the role of the enterpriser in creating profits. With a focus on economic theories and practical applications Economics offers a comprehensive insight into the complexities of economic systems.