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Persistent link: https://www.econbiz.de/10005388212
We consider a production economy where commodities are partitioned into K irreproducible factors and L reproducible goods, and the production technologies have constant returns to scale. We examine the geometry of the global production set in the space of commodities, and we derive theorems of...
Persistent link: https://www.econbiz.de/10008870886
Persistent link: https://www.econbiz.de/10005216706