[OPE-L] equilibrium and simultaneous vs. sequential determination

From: Ian Wright (wrighti@ACM.ORG)
Date: Wed Sep 12 2007 - 20:08:10 EDT


Hi Fred

> My equations are very simple.  Prices of production are determined by:
>
>         PPi =  ki +  rKi
>
> with r, ki, and Ki taken as given.

What is ki and Ki? And what are the units?

Thanks,
-Ian.


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