文章基本信息

标题：Price Elasticities Implied by Homogeneous Production Functions
本地全文：下载
作者：Price, J. Michael
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1994
期号：SUPPL
出版社：Food Distribution Research Society
摘要：If a production process is characterized by a homogeneous production function, the conditions required for profit maximization imply that the elasticity of demand for each input must be elastic with respect to output price. This restriction limits the usefulness of these functions in empirical analysis.
关键词：homogeneous production functions;Cobb-Douglas production functions;elasticity of input demand;elasticity of supply