Value of ideas

Dear professor Wolff, if I suddenly come up with a brilliant idea that can make production more efficient (more products in a fixed length of time), what the labor value of my idea would be? Can we calculate SNL for innovative ideas?


Showing 1 reaction

How would you tag this suggestion?
Please check your e-mail for a link to activate your account.
  • published this page in Ask Prof. Wolff 2017-01-11 15:04:31 -0500

connect

get updates