CONSTRUCTIONS OF THE PRODUCTION FUNCTION OF THE COBB-DOUGLAS BASED ON THE STATISTICS OF THE COMPANY «GAZPROM»

Alekseeva Kristina Vladimirovna1, Galiaskarova Guzelia Rafkatovna2
1Sterlitamak branch of the Bashkir state University, 3rd year student of the faculty of mathematics and information technology
2Sterlitamak branch of the Bashkir state University, Ph.D. (Physics and Mathematics), associate Professor of the Department of applied informatics and programming

Abstract
In this paper we construct a production function Cobb-Douglas based on the data of one of the largest companies in Russia. Just built isoquant, which show a different combination of production factors for the production of the same amount of products.

Keywords: linear algebra, numerical methods, numerical modeling, solution of algebraic equations


Article reference:
Constructions of the production function of the Cobb-Douglas based on the statistics of the company «Gazprom» // Economics and innovations management. 2017. № 1 [Electronic journal]. URL: https://ekonomika.snauka.ru/en/2017/01/13578

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