segunda-feira, 8 de junho de 2009

CES Production Function

Hi!
A new article is posted on SayEconomy.com. The title of it is 'CES Production
Function'

CES production function, or constant elasticity of substitution production
function, is a linearly homogenous production function with a constant
elasticity of input substitution, which takes on forms other than
unity.[ad#ad-4]

CES production function replaced the Cobb-Douglas Production Function model
which looked at physical output as a product of labor and capital inputs.

The equation for the model [...]

You can read the article by clicking here:
http://www.sayeconomy.com/ces-production-function/

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SayEconomy.com

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