'Factor substitution' presentation slideshows

ENVIRONMENTAL ECONOMICS

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Chapter 6 Urban Land Rent

Chapter 6 Urban Land Rent. Introduction to Land Rent. Market value: amount paid to take ownership Land rent: periodic payment from user to owner. Introduction to Land Rent. WTP for hectare of land = Total revenue - non-land costs Bid rent per hectare = WTP divided by lot size.

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Transln Cost Fuction

Transln Cost Fuction. E. Berndt and D. Wood, "Technolny, Prices, and the Derived Demand for Energy," Review of Economics and Statistics , 57, 1975, pp 376-384 . Production and Cost Functions. Production function: Q = f( x ) Cost minimizing factor demands: x i = x i (Q, p )

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????????. ???. 1. ???. Christopher Columbus(1451-1506) Vasco da Gama(1460-1524) James Cook(1728-1779). 2. ????. Adam Smith(1723-1790): The Wealth of Nations(1776) ??? Fernand Braudel(1902-1985): Civilization and Capitalism 15th-18th Century (1979) Joseph Schumpeter(1883-1950):

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