PRODUCTION FUNCTION, COST OF PRODUCTION AND ASSOCIATED OPTIMALITY LINKAGES: A TEXT BOOK SUPPLEMENT

Bruce R. Beattie and Wade L. Griffin

No 284082, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The elementary algebra and geometry of the intimate relationship between the production function and cost curves, and between the associated· input and output optimality conditions, is developed for the single- and two-variable factor case. The .presentation is intended to supplement a major deficiency of-most textbook treatments.

Keywords: Production; Economics (search for similar items in EconPapers)
Pages: 15
Date: 1975-08
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284082

DOI: 10.22004/ag.econ.284082

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