Discussions on n Substitutable Goods Production and Consumption
Catalin Angelo Ioan and
Gina Ioan ()
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Gina Ioan: Danubius University of Galati, Romania
Acta Universitatis Danubius. OEconomica, 2012, issue 4(4), 168-176
Abstract:
The analysis takes into account the issue of production of n consumer goods whose destination is either the mass of workers who have contributed to them or third parties such as social categories, the directly unproductive or abroad. In the analysis, we considered, for simplicity, utility and production functions of Cobb-Douglas type that allowed finally getting interesting conclusions on the relationship between the appropriate elasticities.
Keywords: production; consumption; Cobb-Douglas (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:dug:actaec:y:2012:i:4:p:168-176
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