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Beneficio positivo, teorema de Euler y el problema de la distribución en la economía neoclásica
[Positive benefit, Euler's theorem and the problem of distribution in neoclassical economics]

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  • Galvis Ciro, Juan Camilo
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    Abstract

    This document tries to show the requirements for the process of profit maximization in the microeconomic analysis and show their relation to those with Euler's theorem. The aim is to recognize the importance of decreasing returns to scale and give a possible explanation for the positive profits they entail. The result is that the distribution problem has not been resolved in the neoclassical theory because the positive profits involves value judgments about the product distribution

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    File URL: http://mpra.ub.uni-muenchen.de/37902/
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    Bibliographic Info

    Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 37902.

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    Date of creation: 02 Feb 2012
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    Handle: RePEc:pra:mprapa:37902

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    Keywords: positive profit; decreasing returns; product distribution;

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