Acta Universitatis Danubius. Œconomica, Vol 8, No 4 (2012)

Discussions on n substitutable goods production and consumption

Catalin Angelo Ioan, Gina Ioan


The analysis takes into account the issue of production of n consumer goods whose destination is either the mass of workers who have contributed to them or third parties such as social categories, the directly unproductive or abroad. In the analysis, we considered, for simplicity, utility and production functions of Cobb-Douglas type that allowed finally getting interesting conclusions on the relationship between the appropriate elasticities.


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