Production Theory and Indivisible Commodities PSME 3 Volume 3 is popular PDF and ePub book, written by Charles Raphael Frank in 2015-12-08, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Production Theory and Indivisible Commodities PSME 3 Volume 3 can be Read Online from any device for your convenience.
Production Theory and Indivisible Commodities PSME 3 Volume 3 Book PDF Summary
One of the usual assumptions in economic theory is that an entity called a commodity can be measured or that the amount of it can be represented by any real number. The functions (or other types of mapping) with which the economist deals, such as production functions, demand curves, and cost functions are assumed to be defined for real number arrays and to behave properly with respect to various criteria of continuity. Assumptions of this sort imply an acceptance of commodity divisibility. However, it is possible that in many instances indivisible rather than divisible commodities are the more relevant factors. This book incorporates the notion of indivisibility in a limited way into an analysis of production and allocation in the belief that there is a large class of problems for which this type of analysis is relevant. Originally published in 1969. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.
Detail Book of Production Theory and Indivisible Commodities PSME 3 Volume 3 PDF
- Author : Charles Raphael Frank
- Release : 08 December 2015
- Publisher : Princeton University Press
- ISBN : 9781400875290
- Genre : Business & Economics
- Total Page : 154 pages
- Language : English
- PDF File Size : 18,8 Mb
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