As businesses grow, keeping up with increasing demands can be difficult. That’s why outsourcing key business functions can be such a valuable strategy. By outsourcing tasks that are either too ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Journal of Agricultural and Resource Economics, Vol. 27, No. 1 (July 2002), pp. 94-113 (20 pages) The relationships among cost functions, distance functions, and technical inefficiency are utilized to ...

Oil palm trees are the most productive oil crop and global demand is increasing. However, their productivity is due to conventional management practices including high fertilizer usage and herbicide ...