The author establishes a property of supply for a competitive firm: Assuming differentiability of the production frontier, linearly independent price vectors have disjoint image sets under the supply ...

The conditions under which aggregate CES demand behavior is consistent with polytomous choice by micro demanders are explored. Several special cases are treated in which either the relative efficiency ...

Rulon D. Pope, professor of economics at Brigham Young University, received the Quality of Research Discovery award at the national conference of the Agriculture and Applied Economics Association in ...

Refining crude input is the main source of demand for crude oil. So, refining throughputs will affect inventory levels not just for crude oil but also for its refined products like gasoline and ...

Projecting demands is difficult—perhaps more difficult and uncertain than projections in supply. To facilitate the development of future demand scenarios, the Demand Input Tool (DIT) maintains the ...