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The firm capital. That some firms can expect to "wrap up" the
To the capital) once for two months whereas others can expect to make
It only once for five or even ten years, at that, that rate of turnover
Depends, at least partially from used technical methods, not
Only from character of activity of firm, than it
The "limiting" colleague, undoubtedly, that
The seller of second-hand books at whom rate of turnover is much less, Rate of turnover depends, does not change that fact which will be
It is soon considered that businessmen of identical qualification, which in the same branch, to receive
Identical rate of return on the capital. Well-known, But also (besides "states of affairs in branch") from skill, luck
The businessman. The businessman, for example, of course, with application of different technical methods should
To have different factor of profitableness on each turn-over, will extract from the skill
Differential profit. It, at the same
Technical methods can use is better the given volume of the capital, but acting
In different branches, than at
The seller of new books, than last., the much bigger percent should earn on
To each sold book and however, from character of activity of firm and
Methods of production applied by it - all it is well-known. In the same way
It is known at that that in any given firm the part of its assets will be
In a year whereas other parts can be amortised and replaced completely
Only once in twenty years. "Rate of turnover" expresses (an integer or
In fraction) quantity of turn-overs of the capital for one year. As it is more convenient to have
Any adjective for a designation of firms or methods of production with
Concerning low and with rather high rate of turnover, on
To the reasons which become more low clear, we will sometimes use the special
Expression "more capitalist (-sky)" ("more capitalistic") for firms and
Methods with rather low rate of turnover and expression "less
Capitalist (-sky) "("less capitalistic") for firms or methods with
Concerning high rate of turnover.
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