中级微观讲义第十八章.pptVIP

Chapter Eighteen Technology 技术 Structure Describing technologies Production set or technology set Production function Isoquant Marginal product Returns to scale Technical rate of substitution Well-behaved technologies Long run and short run Technologies A technology is a process by which inputs are converted to an output. E.g. labor, a computer, a projector, electricity, and software are being combined to produce this lecture. Technologies Usually several technologies will produce the same product -- a blackboard and chalk can be used instead of a computer and a projector. Which technology i