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...

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Bibliographic Details
Main Authors: Catalin Angelo Ioan, Gina Ioan
Format: Article
Language:English
Published: Danubius University 2012-10-01
Series:Acta Universitatis Danubius: Oeconomica
Subjects:
Online Access:http://journals.univ-danubius.ro/index.php/oeconomica/article/view/1035/1332