[OPE-L:4225] Re: depreciation and demand

Gerald Lev (glevy@pratt.edu)
Sat, 15 Feb 1997 14:02:58 -0800 (PST)

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John wrote in #4222:

> Given that capitalists choose techniques on what
> basis do they do so? We assume that the choice
> will be based upon the various anticipated rates of
> profit. But how do they figure the rate of profit?

Then in #4224, he wrote:

> I do not think this is at all useful to the issue at hand. That is,
> the question I raised applies to rate of profit calculations whether
> they are carried out ex-ante or ex-post.

What assumptions are you making regarding capacity utilization?
Please specify.

In solidarity, Jerry