Homogeneity, Basic Statistics

Assignment Help:

Let f (?) be the production function associated with a single-output technology, and let Y be the production set. Show that Y satisfies constant returns to scale if and only if f (?) is homogeneous of degree one.

 


Related Discussions:- Homogeneity

Probability combination, From 5 engineering , 6 education .and 8 accountanc...

From 5 engineering , 6 education .and 8 accountancy students, a 5 member committee is to be formed .if at least 1 from each course is in the committee.

Velocity, A car moves with constant velocity along a straight road. Its pos...

A car moves with constant velocity along a straight road. Its position is x1 = 0m at t1 = 0 seconds and is x2 = 56 m at t2 = 5.0 s. what is the cars position at t=2.5 seconds and

Cronbach alpha, How to calculate manually Cronbach alpha

How to calculate manually Cronbach alpha

Cost accounting, wat is cost accounting and wats its scope ?

wat is cost accounting and wats its scope ?

Association of Attributes, In an examination 600 candidates appeared, boys ...

In an examination 600 candidates appeared, boys outnumbered girls by 16% of all candidates. number of passed candidates exceeded the number of failed candidates by 310. Boys failin

State the profit maximization problem of firm, Consider two firms producing...

Consider two firms producing an identical product in a market where the demand is described by p = 1; 200 - 2Y. The corresponding cost functions are c1 (y1) = y 2 1 and c2 (y2) =

Business Research Report Proposal: Initial Research, The initial research p...

The initial research proposal will consist of the following SIX (6) items: 1. Identify a business research topic 2. Define the research questions for the identified problem or opp

Chi Square and Z tests, What is it that created the numerical relationship ...

What is it that created the numerical relationship between a chi square test and a z test?

calculate the chi-square statistic, The table below shows a breakdown of w...

The table below shows a breakdown of women between the ages of 20 to 64 who have had a Pap smear--it shows the number in each age group cross tabulated with the time of their last

Construct a stem-and-leaf diagram, An internal report issued by the marketi...

An internal report issued by the marketing manager of a oil-change franchise claims that the mean number of miles between oil changes is for franchise customers is at least 3600 mi

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd