Review/overview of Theory of the Firm; Technology, Production sets and input requirement sets; Cost, Profit, and Supply Functions of the Firm; Cost Minimization and Profit Maximization in the Two-Input Case; Returns to Size and Returns to Scale; Technical Efficiency andTechnology Adoption; Using the Profit Function to Estimate Supply and Factor Demand; Linear Programming (LP) and the Theory of Production; Risk and Uncertainty in Production; Household Production Model of Smallholder Agriculture
| Attachment | Size |
|---|---|
 AEC 7203 PRODUCTION ECONOMICS.doc | 81 KB |