Figure 1: A Pattern Diagram with Joint Production1.0 Introduction
This post completes an example. I analyzed bits of this example
This post may make no sense if you have not read a long series of previous posts
or, maybe, the papers highlighted
I am interested in how and if my approach to analyzing and visualizing variations in the choice
of technique with technical progress extends to joint production. The example suggests fake switch points
do not pose an insurmountable obstacle for such an extension.
I repeat the specification of technology.
I postulate an economy in which two commodities, corn and linen, can be produced from inputs of corn, linen, and labor. Managers
of firms know of three processes (Tables 1 and 2) to produce corn