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and cost functions. Whenever profit is maximized, one is the reciprocal of the other. The cost function has not a defined … profit is zero, after all factor of production gets its share. The paper extends the cost function to several products, and …
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1. Overview of Neoclassical Production Economics- Editors -- 2. Duality in Production Diewert (agreed) -- 3. Multiproduct Technologies Fare--agreed -- 4. Elasticities of Substitution Russell--agreed -- 5. Conceptualization and Measurement of Technical Change and Productivity Growth Hulten or...
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Aggregation Dan Primont -- 17. Cost, Revenue, Profit Function Estimation—Lau—written to -- 18. Economies of Scale, Size, and Scope …
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