The Fixation of the Production Factors

Chapter
Part of the Springer Texts in Business and Economics book series (STBE)

Abstract

Fixed production factors have previously been defined as being production factors the quantity of which cannot vary within the planning horizon under consideration. Hence, they are characterised by the fact that the company is unable/unwilling to buy or sell production factors.

Keywords

Production Factor Planning Horizon Fixed Factor Marginal Product Fixation Index 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Department of Resource Economics and Food PolicyUniversity of CopenhagenFrederiksbergDenmark

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