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image (Technologies (Examples (Perfect Substitutes (Slide 20), Cobb…
Technologies
Conversion
Tech Set
Prioduction plans
Efficient/Inefficient
slide 10
Examples
Perfect Substitutes
Slide 20
Cobb Douglas
Slide 21
Fixed-proportions
Slide 18
Isoquants
Slide 15
Map = Production Function
Production
Efficient
Function
Short-Run Production
1 variable
Labor
Total Product of Labor
MPL & APL
Scaling
Prop. Tech
Convex
Input :arrow_up: Output :arrow_double_up:
Convexity
Monotonic
Productivity
Slide 36
Long-Run Production
all fix
