Theory of Production
Autor: | W. J. M. Heijman |
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Rok vydání: | 1998 |
Předmět: | |
Zdroj: | The Economic Metabolism ISBN: 9789401061155 |
DOI: | 10.1007/978-94-011-5038-5_2 |
Popis: | Production is the transformation of inputs into output. Usually, a firm’s aim is to produce in an economically efficient way, which can be defined in two ways: 1. Maximizing production with a given budget; 2. Minimizing the budget for a given amount of output. |
Databáze: | OpenAIRE |
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