Titlebook: Cost and Production Functions; Ronald W. Shephard Book 1981 Ronald W. Shephard 1981 Cost.Functions.Kosten.Produktionsfunktion.production

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Cost and Production Functions978-3-642-51578-1Series ISSN 0075-8442 Series E-ISSN 2196-9957

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Das Passende Schaubild Finden ...,technology. But it is to be expected, in some sense, that the functions . or . and the function Q given by (8) are equivalent statements of production alternatives, assuming that the process is organized for minimum costs. The arguments of this Section are directed to the establishment of the precis

epidermis

Das Passende Schaubild Finden ...,factor space, considering only two factors of production. The coordinate axes X., X. are used Interchangeably for amounts x., X. and prices p., p. of these factors. In this coordinate system the production curve ψ(U,X.X.) =1 (U constant) and the unit cost curve Q(U,X.X.) =1 (U constant) are approxim

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nsumer’s goods, particularly if these theories are to find quantitative expression of their structure or serve as qualitative guides to economic policy. It is Inconvenient to think in terms of a very large number of components of an economic system. For this reason a Robinson Crusoe type of economic

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0075-8442 eriod I have received substantial support from the Office of Naval Research, first from a personal service consulting contract directly with the Mathematics Division of the Office of Naval Research and secondly from Project N6 onr-27009 at Princeton Univer- sity under the direction of Professor Oska