Assertion: production function | /r/HasProperty | homogeneous of degree
Facets:
Source sentences:
text: The production function Q = f ( X 1 , X 2 , … , X n ) {\displaystyle Q=f(X_{1},X_{2},\dotsc ,X_{n})} is said to be homogeneous of degree m {\displaystyle m} , if given any positive constant k {\displaystyle k} ,
text: If a production function is homogeneous of degree one, it is sometimes called "linearly homogeneous".