Emil Lederer · 1920
Lederer argues that, under the price-calculation method being discussed, profit would move in proportion to costs over the long run. He makes the claim conditional on that calculation method remaining possible and concludes that profits would rise with costs. The passage records this short objection without supplying a broader theory of profits.
Lederer: Aber der Gewinn würde à la longue pro rata der Selbst-
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kosten zitiert werden (solange diese Preisberechnungsmethode überhaupt möglich ist), es würden also die Gewinne mit den Selbstkosten steigen.
English translation: Lederer: But in the long run profit would be quoted in proportion to costs (as long as this method of calculating prices remains possible at all); profits would therefore rise with costs.
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