The Fixation of the Production Factors

Svend Rasmussen ()
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Svend Rasmussen: University of Copenhagen

Chapter 12 in Production Economics, 2013, pp 121-128 from Springer

Abstract: Abstract Fixed production factors have previously been defined as being production factors the quantity of which cannot vary within the planning horizon under consideration. Hence, they are characterised by the fact that the company is unable/unwilling to buy or sell production factors.

Keywords: Production Factor; Planning Horizon; Fixed Factor; Marginal Product; Fixation Index (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sptchp:978-3-642-30200-8_12

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DOI: 10.1007/978-3-642-30200-8_12

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