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| Topic: |
Business
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| Number of pages / Number of words: |
8 / 2079 |
Essay's paper body
If uncertainties were equal between industries, this shift of entrepreneurs and of capital would occur until profits were equal in each industry. Any long-run differences in industry profit rates, therefore, can be explained by the different magnitudes of the uncertainties involved.
Joseph A. Schumpeter (1883-1950) took a different approach, emphasizing the role of innovation...
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Any long-run differences in industry profit rates, therefore, can be explained by the different magnitudes of the uncertainties involved.
Joseph A. Schumpeter (1883-1950) took a different approach, emphasizing the role of innovation. According to Schumpeter, the entrepreneur is someone who carries out "new combinations" by such things as introducing new products or processes, identifying new export markets or sources of supply, or creating new types of organization...
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General points of the essay
Equal Pay Act of 1963
Equal Pay Act
Equal Opportunities In The Publishing Industry
Why has the Equal Pay (and Amendment) Act not resulted in equal pay in the UK?
Everyone is Equal
0.999... Is Exactly Equal To 1
Equal Races
We are all Equal
Equal But Different
Equal Opportunity
Equal Pay
Equality: Equal Treatment or Equal Opportunity?
All Animals are Equal
Capital Punishment: With Equal Justice for All
equal opportunities
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