Production Functions, Cost Minimization, and Profit Maximization

Pasquale De Luca
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Pasquale De Luca: University of Rome Sapienza

Chapter 1 in Corporate Finance, 2023, pp 3-26 from Springer

Abstract: Abstract The production function of the firm must always be defined on the basis of the technological constraints: they limit the firm’s ability to produce the output as well as a defined level of it. Therefore, the technology analysis refers to the right definition of technological constraints and their impact on the production system.

Date: 2023
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DOI: 10.1007/978-3-031-18300-3_1

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