Acta Universitatis Danubius. Œconomica, Vol 12, No 1 (2016)

On certain conditions for generating production functions - I

Catalin Angelo Ioan, Gina Ioan

Abstract


The article is the first in a series that will treat underlying conditions to generate a production function. The importance of production functions is fundamental to analyze and forecast the various indicators that highlights different aspects of the production process. How often forgets that these functions start from some premises, the article comes just meeting these challenges, analyzing different initial conditions. On the other hand, where possible, we have shown the concrete way of determining the parameters of the function.

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