Economic Applications of Calculus: Computing Optimal Production Rates


Authors : Aadi Raj Dewan

Volume/Issue : Volume 8 - 2023, Issue 7 - July

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://tinyurl.com/59vdf3t3

DOI : https://doi.org/10.5281/zenodo.8238936

Abstract : This paper investigates the use of the Cobb-Douglas production functionto reach optimum rates of production. It uses statistics of an Indian firm in the automotive industry as an example to explore the dynamics behind the function.

This paper investigates the use of the Cobb-Douglas production functionto reach optimum rates of production. It uses statistics of an Indian firm in the automotive industry as an example to explore the dynamics behind the function.

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