Objetivos alternativos de la empresa y elasticidad de la demanda de insumos
Abstract
The purpose of this paper is to compare the elasticity of input demand functions of a firm which is either a profit maximizer or a profit maximizer under a sales constraint. It is shown, by mean of the Le Chatelier – Samuelson principle, that the input demand functions for a profit maximizing firm are more elastic than those for a sales-constrained profit maximizing firm. We also provide a geometrical interpretation of the principle mentioned above.
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