OPTIMAL PRODUCTION?SALES STRATEGIES FOR A COMPANY AT CHANGING MARKET PRICE

In this paper we consider a monopoly producing a consumer good of high demand. Its market price depends on the volume of the produced goods described by the Cobb-Douglas production function. A production-sales activity of the firm is modeled by a nonlinear differential equation with two bounded cont...

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Main Authors: Grigorieva, Ellina V., Khailov, Evgenii N.
Format: Artículo
Language: Inglés
Published: 2015
Subjects:
Online Access: http://revistas.ucr.ac.cr/index.php/matematica/article/view/17557
http://hdl.handle.net/10669/13065

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