1) Transportation Costs in the Neo-Classical Trade Model 2) The Production Possibility Surface with Three Goods and Two Factors

John Hartwick

No 24, Working Paper from Economics Department, Queen's University

Abstract: The exact properties of the production possibilty surface with two factors and three commodities (goods) have not been clearly defined.The present conclusion is that the production possibility surface is a ruled surface on which each straight line corresponds to a constant factor price ratio.

Pages: 17 pages
Date: 1970-02
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Persistent link: https://EconPapers.repec.org/RePEc:qed:wpaper:24

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