Size and structure of return to scale in revenue function and cost function
Common revenue function expressing the relation of the profit/loss to costs is composed analytically so that it is not instructive enough to analyse the return to scale based on a comparison of results in two different periods. This function is influenced by fixed cost and its production utilization...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Mendel University Press
2010-01-01
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Series: | Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis |
Subjects: | |
Online Access: | https://acta.mendelu.cz/58/6/0491/ |