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008			210721s2022 njua b 001 0 eng
010			_a 2021035838
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040			_aMksU _beng _erda _cDLC _dDLC
042			_apcc
050	0	0	_aHB241 _b.M677 2022
082	0	0	_a338.5 _223
100	1		_aMoss, Charles B. _q(Charles Britt) _eauthor.
245	1	0	_aProduction economics : _ban empirical approach / _cCharles B. Moss, University of Florida, USA.
260			_aNew Jersey : _bWorld Scientific, _c2022
300			_axxix, 545 pages : _billustrations ; _c24 cm
504			_aIncludes bibliographical references and index.
520			_a"Production economics is that branch of microeconomics that examines producer decisions. This book focuses on the empirical estimation of these relationships using primal, dual, and differential specifications. The primal specification models production decisions based on the production function - estimation of the input/output relationship and the derivation of optimization behavior from this technical relationship. The dual approach estimates production decisions using economic information such as input and output prices. The textbook then develops the linkages between these relationships. The differential problem is an alternative approach derived from changes in the first-order conditions from cost minimizing behavior. In each case, the theoretical development is followed by different empirical specifications that can be used to estimate the producer's choice"--
650		0	_aProduction (Economic theory)
650		0	_aEconomics _xMathematical models.
906			_a7 _bcbc _corignew _d1 _eecip _f20 _gy-gencatlg
942			_2lcc _cBOOKS _hHB241 .M677 2022
999			_c32247 _d32247