EconGraphs Logo BETA
Note: This work is under development and has not yet been professionally edited.
If you catch a typo or error, or just have a suggestion, please submit a note here. Thanks!
Econ 50: Fall 2024
Chapter 4
Monday, September 30 | Production Functions
4.1 Production Functions
4.2 Marginal Products
4.3 Isoquants
4.4 The Marginal Rate of Technical Substitution: the Slope of an Isoquant
4.5 Linear Production Functions
4.6 Cobb-Douglas Production Functions
4.7 Elasticity of Substitution
4.8 Scaling Production in the Short Run
4.9 Scaling Production in the Long Run: “Returns to Scale”
4.10 Summary