1) Transportation Costs in the Neo-Classical Trade Model 2) The Production Possibility Surface with Three Goods and Two Factors
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.
Year of publication: |
1970-02
|
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Authors: | Hartwick, John M. |
Institutions: | Economics Department, Queen's University |
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