Land and Other Inputs

Svend Rasmussen ()
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Svend Rasmussen: University of Copenhagen

Chapter 8 in Production Economics, 2013, pp 83-88 from Springer

Abstract: Abstract In the previous chapters we derived conditions for a cost minimising combination of inputs (Chap. 4), and studied how the demand for variable input depends – not only on the input price, but also on the prices of other variable inputs that may be used to substitute the input in question (Chap. 7). However, there are special cases/inputs when it is not possible to apply the previous models directly, and the concept of the pseudo scale line becomes useful.

Keywords: Input Prices; Quantity Index; Final Product Model; Extra Hectare; Actual Production Technology (search for similar items in EconPapers)
Date: 2013
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DOI: 10.1007/978-3-642-30200-8_8

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