The Journal of Accounting and Management, Vol 5, No 2 (2015)

The Complete Theory of Generalized CES Production Function

Catalin Angelo Ioan, Gina Ioan

Abstract


The paper treats various aspects concerning the generalized CES production function. On the one hand werehighlighted conditions for the existence of the generalized CES function. Also were calculated the main indicators of it andshort and long-term costs. It has also been studied the dependence of long-term cost of the parameters of the productionfunction. The determination of profit was made both for perfect competition market and maximizes its conditions. Also wehave studied the effects of Hicks and Slutsky and the production efficiency problem.

References



Full Text: PDF

HTML

Refbacks

  • There are currently no refbacks.
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.