INDEX
of sugar, 169-71; of synchronous
items, 102
Acreage: of beets harvested, 140, 150; Cost curve, 104-14; accounting, con-
planted to cane, 140, 150 fused with theoretical, 207, see also
Adcock, R. J., 66 Cost curve, ogive; concave down-
Am ’ L op ward, 118; defnition of, 104; fre-
0F036, Lg), 126 I, Juency, its relation to ogive cost
Arc elasticity, 9-12 “urve, chart, 110; kinds of, 118-10;
Auspitz, R., and Lieben, R.: Gesammt- marginal, 108-9; ogive, 108-10; only
angebotskurve (total supply curve), condition of, 104; relation to supply
115, 116; Gesammtkostenkurve (total ‘urve, chart, 112, 210; theoretical,
cost curve), 105, 107 chart, 106; total, of Auspitz and Lie-
ben, 105, 107, importance of its shape,
120, its relation to other cost curves,
108-9, its relation to total supply
curve, 115
Cost data, limitations of, 107-8, 113
Cost, laws of, 118-24; Cournot’s state-
ment of, 121; Edgeworth’s statement
of, 121-24; relative, 124-25
Cost of production: curve, confused
with the accounting cost curve, 207;
formula, 206; and price, 114; rela-
tive, 124; and supply, 104~25; and
tariff, chap. vi; theoretical aspects
of, 207-10
Cournot, Augustin, vii, 7 n.; on elasti-
sity of demand, 6; on law of demand,
14; on laws of cost, 121; on nega-
tively sloping cost curve, 120 n.
Cover, John, 151 n.
Critical supply-price period, 132-33,
138, 140-41
Crop year for sugar data, 220 n.
Cuba, sugar imports from, 162-63, see
also Cane sugar
Curve, see Cost, Demand, Particular
expenses, Supply, etc.
Curve-fitting, 35-39; limitations of,
178-86; method related to purpose of,
178; method and results of, 180-84;
mutually destructive requirements
of, 47-48; problem of, 35-39; refer-
ences on, 66-67; straight line, 36-39
Accounting cost curve, see Cost curve,
ogive
Beet sugar: acreage, 140, 150; method of
payment for, 138
‘Best fit,” line of, see Line of ‘best fit”
“Best fit” plane, 180-84
“Bulk-line” practice, 207-9
Campbell, Norman, 70
Cane sugar: factors affecting produc-
tion, 140; harvesting practice ad-
justed to price, 150; relation of
Javan production to United States
price, 163
Carry-over, 142
Carver, T. N,, 104 n.
Cassel, Gustav, 25 n., 101
Clerk-Mazxwell, 124
Closed economy: elasticities of supply
and demand in, 168; explanation of,
101; for sugar, 163, 203-4
Coefficient of elasticity: of demand, see
Elasticity of demand; of supply, see
Elasticity of supply
Constant outlay demand curve, 9
Consumption of sugar: statistics of,
202, 213-18; United States per capita,
charts, 77, 79, and price, charts, 72,
73, 81, 82, 83; United States total,
charts, 49, 50, 139, and price, charts,
36, 37, 55, 57, 59, table, 53; world,
105
Correlation: coefficient of simple, 169;
for demand and supply, 202; mul-
tiple, and demand for sugar, 30-31,
limitations of, 178-86, and supply of
sugar, 171-78; partial, and supply
Dalton, Hugh, on point and arc elas-
ticity, o
Data, see Cost data, Statistics