Edgeworth Production Box

 

Home
Site Map
Add Term
Search
About Us
Contributors

Edgeworth Production Box

A variation of the consumption Edgeworth Box that instead represents the allocations of 2 factors to 2 industries for use in production functions. Efficient allocations now appear as tangencies between isoquants, while the contract curve becomes the efficiency locus.



Similar Matches

Factor of production

Factor of production

Factor (definition 1).


Current production rate

Current production rate

The highest interest rate permissible on current Government National Mortgage Association, mortgage-backed securities.


Production Cost Advantage

Production Cost Advantage

A source of competitive advantage that depends on producing some product or service at the lowest cost.


Production rate

Production rate

The coupon rate at which a pass-through security guaranteed by Ginnie Mae is issued.


Production function

Production function

A function that specifies the output in an industry for all combinations of inputs.


Further Suggestions

Neoclassical production function
Production externality
Production possibilities schedule
Nonproduction worker
Production possibility curve
Production possibility frontier
Neighborhood production structure
Multistage production
Production worker
Industrial production
Production flow commitment


 
All rights Reserved. Do not copy without permission.