𝔖 Bobbio Scriptorium
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A NOTE ON CONCAVITY AND SCALAR PROPERTIES IN PRODUCTION

✍ Scribed by John Bone


Book ID
110981149
Publisher
John Wiley and Sons
Year
1989
Tongue
English
Weight
196 KB
Volume
41
Category
Article
ISSN
0307-3378

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We consider a discrete-time groundwater model in which the cost of pumping takes a slightly different form to that which has been traditional in the research literature to date. This enables us to prove that (a) the optimal pumping quantity is nondecreasing in the ground water stock, (b) the stock l