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Land and Other Inputs

In: Production Economics

Author

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  • Svend Rasmussen

    (University of Copenhagen)

Abstract

In the previous chapters we derived conditions for a cost minimising combination of inputs (Chap. 4), and studied how the demand for variable input depends – not only on the input price, but also on the prices of other variable inputs that may be used to substitute the input in question (Chap. 7). However, there are special cases/inputs when it is not possible to apply the previous models directly, and the concept of the pseudo scale line becomes useful.

Suggested Citation

  • Svend Rasmussen, 2013. "Land and Other Inputs," Springer Texts in Business and Economics, in: Production Economics, edition 2, chapter 8, pages 83-88, Springer.
    • Handle: RePEc:spr:sptchp:978-3-642-30200-8_8
    DOI: 10.1007/978-3-642-30200-8_8
    as

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