Microeconomic Foundations
Makroekonomi 2, S1, FEUI, 2009 – Arianto A. Patunru. Microeconomic Foundations. Scarth Chapter 1. Firm. Firms’ Problem. Y = F (N, K) F N , F K > 0; F NN , F KK < 0; F NK = F KN > 0 Max PV = ∑(1/(1+r)) t [PF( N t ,K t ) - WN t - P I I t - b P I I t 2 ]; b > 0
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