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Now, for all γ, at the profit maximizing level of q, we have (overline {{MC}} (q,gamma) = p).
Canning and Pedroni (1999) identify a growth maximizing level of infrastructure, where having resources allocated to another productive sector may outweigh the gain from having more infrastructure.
Since there is no tax system, the government uses the migration rate as a policy instrument in order to choose the static welfare maximizing level of education, adult and old labor, consumption, as well as the capital per worker ratio.
As noted on page 48, (widetilde {MC} (tilde {{q}}(gamma),gamma) = p) at the buyer's optimum, where (tilde {{q}}(gamma)) is the profit maximizing level of output produced by the farmer ℓ at price p under the basic contract.
The profit maximizing level of output, (tilde {{q}}(gamma)), produced by the farmer ℓ at price p under the basic contract is defined by the condition (widetilde {MC} (tilde {{q}}(gamma),gamma) = p).
Moreover, at the buyer's optimum, (overline {{MC}} (bar {{q}}(gamma),gamma) = p), where (bar {{q}}(gamma)) is the profit maximizing level of output produced by the farmer of type ℓ at price p under the restrictive contract.
Similar(54)
These insights may be useful for designing rapeseed oil refining processes that maximize levels of 4-vinylsyringol dimer.
Their flagship Optimum Performance Training (OPT) Model is a rigorous training system that sets the foundation for their certification program and seeks to maximize levels of physical fitness for a broad range of clientele.
The software helps to develop DCE questionnaires that maximize level balance (inclusion of attribute levels in similar proportions) and orthogonality (minimal correlation between different attribute levels) and minimize overlap between attribute levels within one task [ 9, 27].
In this context, we deduce three level goal formulations; maximizing satisfaction level of trade, maximizing satisfaction degrees of customers, and finally maximizing total CLSC profit function.
I have also shown that, then, the problem to determine inefficiency is solved by maximizing the level of consumption subject to the balance constraints.
Related(20)
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