Teoría de la producción y costos: una exposición didáctica

Leopoldo Vilcapoma

No 1995-123, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: This paper presents different concepts related to total production functions and total cost functions. From the technological point of view, the analysis is made considering the Leontief technological system and the von Neumann technological system. From the economical point of view, it is assumed that the firm is price-taker in the factors market. This paper shows the parametrization of technology from the production processes, deducing a production function for a finite number of technological processes. Because this is a new result, it is explained in a brief mathematical appendix. This is a very simple exposition, using only the college mathematics.

Pages: 45 pages
Date: 1995
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