Application of Linear Programming to the Theory of the Firm: Including an Analysis of Monopolistic Firms by Non-Linear ProgrammingThis title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1951. |
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applied assumed assumption B₁ basic solution chapter column vector competitive components computation concept consider consumed consumption corresponding Cowles Commission decisions defined denote disposal processes economic elements entrepreneur equation equipment equivalent combination expressed factors of production finite number firm fixed factors fixed resources formulation homogeneous imputed increase industries inequality inputs and outputs isoquant jth process Koopmans level of operation limited factor linear programming linearly dependent m₁ marginal analysis marginal cost marginal revenue mathematical matrix maximize maximum profit method models monopolist monopoly Monopsony n processes net revenue number of processes obtained optimal optimum production plan optimum program P₁ positive levels postulate procedure process points production function production program production schedule productive processes quadratic programming quantities radius vector ratios require result revenue of $1 Selection simplex criterion theorem theory tion tive unit level units of Factor V₁ variable variations X'DX X₁ zero