This video details the elasticity of substitution in Production Created by Justin S. Eloriaga
Пікірлер: 4
@kishank71133 жыл бұрын
Thank you very much ....for such a nice explanation..
@ronysaoud28122 жыл бұрын
good job!
@adialex1000 Жыл бұрын
Hi Justin, thanks for the informative video. However, I would like to point out that elasticity of substitution doesn't actually measure curvature see for example: de La Grandville, O. (1997). Curvature and the elasticity of substitution: Straightening it out. Journal of Economics, 66(1), 23-34.