A part from variations in the supply price of factors of
prolfuction to firms of different sizes, it would appear that
the costs of organising and the losses through mistakes will
increase with an increase in the spatial distribution of the
transactions organised, in the dissimilarity of the trans-
actions, and in the probability of changes in the relevant
prices.‘ As more transactions are organised by an entre—
preneur, it would appear that the transactions would tend
to be either different in kind or in diiferent Places. This
furnishes an additional reason why efficiency will tend to
decrease as the firm gets larger. Inventions which tend
to bring factors of production nearer together, by lessening
spatial distribution, tend to increase the size of the firm.‘
Changes like the telephone and the telegraph which tend
to reduce the cost of organising spatially will tend to increase
the size of the firm. All changes which improve managerial
technique will tend to increase the size of the firm.“
A part from variations in the supply price of factors ofprolfuction to firms of different sizes, it would appear thatthe costs of organising and the losses through mistakes willincrease with an increase in the spatial distribution of thetransactions organised, in the dissimilarity of the trans-actions, and in the probability of changes in the relevantprices.‘ As more transactions are organised by an entre—preneur, it would appear that the transactions would tendto be either different in kind or in diiferent Places. Thisfurnishes an additional reason why efficiency will tend todecrease as the firm gets larger. Inventions which tendto bring factors of production nearer together, by lesseningspatial distribution, tend to increase the size of the firm.‘Changes like the telephone and the telegraph which tendto reduce the cost of organising spatially will tend to increasethe size of the firm. All changes which improve managerialtechnique will tend to increase the size of the firm.“
การแปล กรุณารอสักครู่..
