Production theory

GPTKB entity

Statements (19)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:analyzes relationship between inputs and outputs
gptkbp:appliesTo industries
firms
gptkbp:concerns profit maximization
cost minimization
gptkbp:developedBy gptkb:economist
https://www.w3.org/2000/01/rdf-schema#label Production theory
gptkbp:includes law of diminishing returns
returns to scale
production function
gptkbp:relatedTo cost theory
factor inputs
output levels
gptkbp:studies production processes
gptkbp:usedIn microeconomics
gptkbp:bfsParent gptkb:Cobb–Douglas_production_function
gptkb:Marginal_Revenue_Product
gptkbp:bfsLayer 7