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Chapter 1. Introduction -- Chapter 2. The Earliest Americans -- Chapter 3. The Development of European Colonies -- Chapter 4. The Revolution -- Chapter 5. Focus on Economists: Adam Smith, Ricardo, von Thünen, and Dupuit -- Chapter 6. The Third Founding Document and the Land Deals That Created...
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A major issue raised by Alfred Marshall is whether competitive industries are subject to increasing or decreasing returns in the long run. If variations from constant returns exist, what are the causes, and is competitive output efficient? In competitive output is not efficient, what policies...
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