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First degree homogeneous |
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First degree homogeneousHomogeneous of degree 1.Similar MatchesZero degree homogeneousZero degree homogeneousHomogeneous of degree zero. Linearly homogeneousLinearly homogeneousHomogeneous of degree 1. Sometimes called linear homogeneous. Homogeneous of degree zeroHomogeneous of degree zeroThe property of a function that, if you scale all arguments by the same proportion, the value of the function does not change. See homogeneous of degree X. In the H-O Model, CRTS production functions imply that marginal products have this property, which is critical for FPE. Homogeneous productHomogeneous productThe product of an industry in which the outputs of different firms are indistinguishable. Contrasts with differentiated product. HomogeneousHomogeneousExhibiting a high degree of homogeneity. Further SuggestionsHomogeneous of degree 1Homogeneous expectations assumption Homogeneous function Homogeneous of degree X |
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