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Modelling a dynamic economy

Updated at
29. May 2022
Description
Comparing different technologies for producing 100 metres of cloth at different coal prices and wages using isocost lines.
Data source
core-econ.org: Five technologies for producing 100 metres of cloth compared
Data downloaded from
Figure 2.3 Different technologies for producing 100 metres of cloth.
Book chapter
2.5 Modelling a dynamic economy: Innovation and profit