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THE NEO-CLASSICAL MODEL OF TECHNOLOGICAL INVESTMENTS


DROB CATALIN, MACARIE FLORIN
UNIVERSITY OF BACÄ‚U

Issue:

TSTM, Number 11, Volume I

Section:

Optimum Technologic Systems

Abstract:

This study aims it’s to present the neo-classical model of technological investments. This model starts from the premise that the main objective of a competitive firm is that of maximizing the profit value and implicitly of firm market value. In order to accomplish the objective, firms must optimize the capital (quantitative and also from point of view of his components proportions) so that the production realize the least possible cost.

Keywords:

demand, investment, capital goods, technology, production.

Code [ID]:

TSTM200511V01S01A0017 [0001540]


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