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A foundation is provided for a correct and accurate analysis of the relationship between monetary values and physical dimensions in economic production. A distinction is proposed between direct and indirect substitution. Linked to this, a classification is offered of various types of...
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agricultural production determined by the given demand for it on the one hand and the demand for factors involved in the production … microeconomics. In particular, the demand, supply and production elasticity coefficients were used. The starting point is assumptions … resulting from the demand and three-factor function of production and about rational choices of farm producers. The hypothesis …
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't appear to have an impact. We provide evidence that the elasticity of demand for credit is different among the three groups of …
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This paper considers the impact of agriculture and international trade development on income distribution and economic … therefore on international trade, which reveals that the high rates of imports regarding food-processing are mainly sourced from …
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reduction in some countries have not been the accelerator sufficient for the global recovery. The general level of demand is low … demand, as well as the options available for removal of those causes and revitalization of the effects. One of the main … causes of decrease in demand in a long run is the asymmetrical distribution of income which has led to a reduction in …
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