倫敦經(jīng)濟(jì)學(xué)院高微講義-企業(yè)理論(2)(已修改)
2024-10-31 10:46 本頁面
【正文】 How to use these slides You will get much more out of the course if you can run the PowerPoint slideshows that have been provided for you. Please take the time to follow through the guidance below. ? All of the slideshows work the same way. ? Take the mouse to the lower left corner of the screen ? There are five icons there: check what they do ? Select the “Slide Show” icon to run the show used in the lecture – advance the show with a left click or “Enter” – rightclick to navigate – exit the show using “Esc” The Firm: Production MicroEconomics 2021/2 Production Optimisation The Firm Comparative Statics The Firm and the Market Overview... In this lecture we set out some of the elements needed for an analysis of the firm ?Technical efficiency ?Returns to scale ?Convexity ?Substitutability ?Marginal products ...and (for next time) assuming a petitive environment. We do it within the context of a singleoutput firm... But first we need the building blocks of a model... The basics of production... z i amount of input i Q amount of output The basics of production... input vector z := (z1 ,z2 ,...,zm) w i price of input i w := (w1 ,w2 ,...,wm) input price vector P price of output Notation: Prices Q ?? G(z1, z2, ...., zm ) The singleoutput production function Written more pactly Q ? G(z) technology output Yes, but why not = sign here? inputs The meaning
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