Beneficio positivo, teorema de Euler y el problema de la distribución en la economía neoclásica

Positive benefit, Euler's theorem and the problem of distribution in neoclassical economics

Juan Camilo Galvis Ciro ()

MPRA Paper from University Library of Munich, Germany

Abstract: This document tries to show the requirements for the process of profit maximization in the microeconomic analysis and show their relation to those with Euler's theorem. The aim is to recognize the importance of decreasing returns to scale and give a possible explanation for the positive profits they entail. The result is that the distribution problem has not been resolved in the neoclassical theory because the positive profits involves value judgments about the product distribution

Keywords: positive profit; decreasing returns; product distribution (search for similar items in EconPapers)
JEL-codes: B00 B21 D33 (search for similar items in EconPapers)
Date: 2012-02-02
New Economics Papers: this item is included in nep-hme
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:37902

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