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Simon Fraser University6y

I. Production and Cost: One Variable Input

1. If marginal product is decreasing, then average product must also be decreasing. 2. For a fixed-proportion technology, inputs ...
JSTOR DailyLíon na míonna: 5

A Metafrontier Production Function for Estimation of Technical Efficiencies and Technology Gaps for Firms Operating Under Different Technologies

This paper presents a metafrontier production function model for firms in different groups having different technologies.