生产者理论3.ppt

P Q _ _ Q=S(w,P) no price gives solution here Supply curve z2 Q 0 IRTS here Production function with local IRTS z1 Supply curve slopes upward Nonconcave G yields discontinuous S IRTS means G is nonconcave and so S is discontinuous For the supply function... Optimisation The Firm Production Output Supply Ordinary Input Demand Comparative Statics The Firm and the Market Conditional Input Demand Conditional Input Demand Output Supply black box problems demand for input i, conditional on output Q zi* = Hi(w,Q) Q* = S (w, P) supply of output zi* = Hi(w,Q) Q* = S (w, P) Now put together th