Production Function, Demand Function and Location Theory of the Firm

  • Noboru Sakashita


One of the conclusions of Moses’ 1958 article on location theory of the firm was that: “… the optimum location is seen finally to depend on the following factors: base prices on inputs; transportation rates on inputs and on the final product; the geographic positions of materials and markets; the production function; the demand function.”1


Optimum Location Production Function Demand Function Average Cost Location Theory 
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© Springer-Verlag Berlin Heidelberg 1996

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  • Noboru Sakashita

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