Learn more: http://www.policonomics.com/production/
Spanish version: https://youtu.be/emwWbFyW8JI
This video explains how the production function can be built in order to analyse it. We start by explaining the main characteristics of production functions, then show its relationship with returns to scale and, finally, introduce the concept of isoquants.
-Returns to scale: http://www.policonomics.com/returns-t...
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