首页    期刊浏览 2024年10月06日 星期日
登录注册

文章基本信息

  • 标题:Is Product of Two Convex Functions Necessarily Convex? A Case of the MRP Curve
  • 本地全文:下载
  • 作者:Chin Wei Yang ; Hui Wen Cheng ; Ken Hung
  • 期刊名称:Theoretical Economics Letters
  • 印刷版ISSN:2162-2078
  • 电子版ISSN:2162-2086
  • 出版年度:2012
  • 卷号:2
  • 期号:5
  • 页码:511-516
  • DOI:10.4236/tel.2012.25094
  • 出版社:Scientific Research Publishing
  • 摘要:The curvature of the marginal revenue product curve plays an important role in most theoretic microeconomic models since it determines the size of profit contribution to an employer and optimality conditions of solutions. There are many well established introductory and intermediate microeconomic textbooks portray marginal revenue product curves as linear or concave to the origin. In nearly all cases, the MRP cannot be linear, nor can it be concave. In this analysis, most of the well-known production functions generate convex MRP curves.
  • 关键词:Theoretical MRP; Empirical MRP; Concavity; Convexity; Linearity
国家哲学社会科学文献中心版权所有