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- W1517164090 abstract "This article considers optimal utilization rates for stocks of inputs and relevant prices of inputs in the neoclassical theory of the firm. A new feature introduced in this paper is that the cost minimization model is formulated symmetrically with respect to labor and capital stocks, utilization rates and corresponding costs. In the first model we generalize a model originally formulated by Nadiri and Rosen (1969 and 1974), who use a Cobb-Douglas production function and constant elasticity input price functions. In the second model results similar to those obtained by Nadiri and Rosen are derived on the basis of weaker assumptions. New expressions for the stock price variables are also worked out." @default.
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- W1517164090 date "1977-01-01" @default.
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- W1517164090 title "On Optimal Utilization of Labor and Capital Stocks in the Neoclassical Theory of the Firm" @default.
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- W1517164090 doi "https://doi.org/10.2307/3439713" @default.
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