Dlouhý, Martin - In: Acta Oeconomica Pragensia 2011 (2011) 5, pp. 34-47
approaches to production theory. Although marginal analysis dominates economic literature, we argue that linear programming is an … will be a more suitable choice if we assume continuous changes and perfect substitution in production and unlimited … capacities of production factors. On the other hand, linear programming describes production as a combination of a finite number …