Techniques used to predict future market trends, helping factories plan production capacities. 3. Production and Cost Analysis
University libraries often carry this title in their engineering or management sections.
The book dissects perfect competition, monopoly, oligopoly, and monopolistic competition. For an engineer, understanding whether they are selling to a government monopoly (e.g., railways) or a competitive retail market changes how they price their product or process.
Calculating the growth of capital over time.
