Sánchez, Ormazabal; Mirena, Kepa - Departamento de Fundamentos del Análisis Económico I, … - 2003
In this paper, I examine the treatment of competitive profit of professor Varian in his textbook on Microeconomics, as a representative of the ܭodernݠpost-Marxian view on competitive profit. I show how, on the one hand, Varian defines profit as the surplus of revenues over cost and, thus, as a...