Timeline for In a box diagram, why does efficiency locus lie on one side of the diagonal, if both sectors haves constant returns to scale function?
Current License: CC BY-SA 4.0
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when toggle format | what | by | license | comment | |
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Aug 14, 2023 at 14:19 | answer | added | Amit | timeline score: 3 | |
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Nov 22, 2021 at 10:50 | answer | added | Shaikh Ammar | timeline score: 1 | |
Nov 21, 2021 at 8:43 | comment | added | Shaikh Ammar | Yes, I am talking about a standard Edgeworth box diagram with two goods (A,B) and two inputs (labour, capital) that you would use in something like HO model. | |
Nov 21, 2021 at 7:35 | comment | added | Giskard | Are we still talking about a situation where the $y$-axis represents the capital? If not, can you please reread your question and edit where necessary? | |
Nov 21, 2021 at 6:58 | comment | added | Shaikh Ammar | I mean an Edgeworth box diagram. A is the good whose isoquants are drawn upright (origin is at lower left), B is the good whose isoquants are drawn upside down (origin is at upper right) | |
Nov 20, 2021 at 19:55 | comment | added | Giskard | Hi! What do you mean by "Let $A$ be the upright good and $B$ the upside-down good." in this context? It seems that you defined the $y$-axis as capital? | |
Nov 20, 2021 at 19:49 | history | asked | Shaikh Ammar | CC BY-SA 4.0 |