On a geometric programming approach to profit maximization: the case of CES technology
Vedran Kojić ()
Additional contact information
Vedran Kojić: Faculty of Economics and Business, University of Zagreb
No 2105, EFZG Working Papers Series from Faculty of Economics and Business, University of Zagreb
In this note, we give a generalization of the results for the profit maximization problem in the case of the Cobb-Douglas production function presented by Liu in [Appl. Math. Comput. 182 (2006), 1093-1097]. By using geometric programming, we solve a profit maximization problem in the case of the CES production function and show how the results obtained by Liu can be derived from our results.
Keywords: profit maximization; Cobb-Douglas technology; CES technology; geometric programming (search for similar items in EconPapers)
JEL-codes: C60 C65 D21 D24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eff
References: View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://web.efzg.hr/repec/pdf/Clanak%2021-05.pdf First version, 2021 (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:zag:wpaper:2105
Access Statistics for this paper
More papers in EFZG Working Papers Series from Faculty of Economics and Business, University of Zagreb Contact information at EDIRC.
Bibliographic data for series maintained by WPS ().