Discussions on n Substitutable Goods Production and Consumption Cover Image

Discussions on n Substitutable Goods Production and Consumption
Discussions on n Substitutable Goods Production and Consumption

Author(s): Cătălin Angelo Ioan, Gina Ioan
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: production; consumption; Cobb-Douglas

Summary/Abstract: The analysis takes into account the issue of production of n consumer goods whose destination is either the mass of workers who have contributed to them or third parties such as social categories, the directly unproductive or abroad. In the analysis, we considered, for simplicity, utility and production functions of Cobb-Douglas type that allowed finally getting interesting conclusions on the relationship between the appropriate elasticities.

  • Issue Year: 8/2012
  • Issue No: 4
  • Page Range: 168-176
  • Page Count: 9
  • Language: English
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