discussions on substitutable goods production and consumption

discussions on substitutable goods production and consumption

;Catalin Angelo Ioan;Gina Ioan
organic process research and development 2012 Vol. 8 pp. 168-176
170
ioan2012actadiscussions

Abstract

The analysis takes into account the issue of production of n consumer goods whose destination is either the mass of workers who have contributed to them or third parties such as social categories, the directly unproductive or abroad. In the analysis, we considered, for simplicity, utility and production functions of Cobb-Douglas type that allowed finally getting interesting conclusions on the relationship between the appropriate elasticities.

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