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The Production Function

John Hicks

in Capital and Time: A Neo-Austrian Theory

Published in print:
1987
Published Online:
November 2003
ISBN:
9780198772866
eISBN:
9780191596414
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198772866.003.0015
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter discusses the production function. Product as a function of labour and capital applied — a function that is unchanged with given technology, but changes when technology changes. The ... More


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