Words similar to baumol

Example sentences for: baumol

How can you use “baumol” in a sentence? Here are some example sentences to help you improve your vocabulary:

Let me quote from the textbook (by William Baumol and Alan Blinder) that I assigned when I taught Economics 1 last year: "When a firm pollutes a river, it uses some of society's resources just as surely as when it burns coal.
Those hoping to reduce costs run smack up against Baumol's Law, named for the economist William Baumol, who first elaborated it in a 1966 book titled Performing Arts: The Economic Dilemma . Baumol's Law says that in certain sectors, productivity cannot increase.