IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789811241260_0001.html
   My bibliography  Save this book chapter

Basic Notions of Production Functions

In: PRODUCTION ECONOMICS AN EMPIRICAL APPROACH

Author

Listed:
  • Charles B. Moss

Abstract

The following sections are included:Overview of the Production FunctionOne Product, One-Variable Factor RelationshipElasticity of ProductionOne Product, Two-Variable FactorsSome typical multivariate production functionsIsoquantsEconomic Consequences of the Production FunctionDefinition of the Production FunctionProperties of the Production FunctionLaw of Variable ProportionsElasticity of ScaleMeasures of Input SubstitutionSome Simple Production MechanicsSingle Produce Primal OptimizationProfitmaximizationCost minimizationMultiproduct Primal FunctionsChapter SummaryReview QuestionsExercises

Suggested Citation

  • Charles B. Moss, 2022. "Basic Notions of Production Functions," World Scientific Book Chapters, in: PRODUCTION ECONOMICS AN EMPIRICAL APPROACH, chapter 1, pages 1-69, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811241260_0001
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789811241260_0001
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789811241260_0001
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Production Economics; Producer Behaviour; Econometrics; Primal Approach; Dual Approach; Differential Approach; Economic Efficiency;
    All these keywords.

    JEL classification:

    • D2 - Microeconomics - - Production and Organizations
    • D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L23 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Organization of Production

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789811241260_0001. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.