ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
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Choice of Technology in the Sugar Industry

C Rangarajan A H Karlo Can we objectively determine the trade-off between 'rate of return' and 'employment'? One could possibly go from the potential surplus to actual surplus using a marginal propensity to save and then employing a capital-output ratio to determine the future rate of growth in output and employ- ment. Then this trade-off will be transformed into one between current and future employment.

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