On the General Theory of Production Functions
In this paper we will study from an axiomatic point of view the production functions. Also we will define the main indicators of a production function, extending the classical definitions to n inputs and introducing other new. We will modify the notion of global average productivity and replace it w...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Danubius University
2012-10-01
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Series: | Acta Universitatis Danubius: Oeconomica |
Subjects: | |
Online Access: | http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1035/1332 |