On the closed-form solution of the monopolist long-run profit maximization problem with linear demand and Cobb-Douglas technology
This paper provides an economic and mathematical analysis of the long-run profit maximization problem of a monopolist with linear demand and a two-input Cobb-Douglas technology to derive the conditions that guarantee the solution to this problem. In addition, the conditions under which the closed-fo...
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Main Authors: | Zrinka Lukač, Mira Krpan, Vedran Kojić |
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Format: | Article |
Language: | English |
Published: |
Croatian Operational Research Society
2025-01-01
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Series: | Croatian Operational Research Review |
Subjects: | |
Online Access: | https://hrcak.srce.hr/file/473282 |
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