id	author	title	date	pages	extension	mime	words	sentence	flesch	summary	cache	txt
absel-1703	Gold, Steven C.	Modeling Short-Run Cost and Production Functions Using Sheppherd’s Lemma in Computerized Business Simulations	1991	5	.pdf	application/pdf	5410	216	47	Parameters a2 and C are the input price elasticities and show the proportion of input costs to total variable costs. This example implies the following data specifications: Output Elasticity Qutput(O) Capital (K) E = 1.5 1000 units 2000 units E 1.0 1500 units 2000 units E 1.0 1600 units 2200 units According to the homogeneity restriction, the sum of the proportion of variable costs that are attributed to labor (a2) and the proportion of variable costs attributed to materials (a3) must sum to 1.0.	cache/absel-1703.pdf	txt/absel-1703.txt