Abstract
Basically, the Leontief Production Function shows two characteristics: On the one hand, the relations between the production factors are limitational; on the other hand, it is assumed that there are linear relations between the input quantities of the resources and the output quantities. Therefore, it is frequently said that Leontief Production Functions are linear-limitational production functions.
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© 1991 Springer-Verlag Berlin · Heidelberg
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Fandel, G. (1991). Limitational Production Functions. In: Theory of Production and Cost. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-76812-5_4
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DOI: https://doi.org/10.1007/978-3-642-76812-5_4
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-76814-9
Online ISBN: 978-3-642-76812-5
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