Hotelling's lemma
id:
hotelling-s-lemma-195-17344417
title:
Hotelling's lemma
text:
Hotelling's lemma is a result in microeconomics that relates the supply of a good to the maximum profit of the producer. It was first shown by Harold Hotelling, and is widely used in the theory of the firm. Specifically, it states: The rate of an increase in maximized profits with respect to a price increase is equal to the net supply of the good. In other words, if the firm makes its choices to maximize profits, then the choices can be recovered from the knowledge of the maximum profit function
brand slug:
wiki
category slug:
encyclopedia
description:
Result in microeconomics
original url:
https://en.wikipedia.org/wiki/Hotelling%27s_lemma
date created:
date modified:
2024-01-09T09:45:12Z
main entity:
{"identifier":"Q139965","url":"https://www.wikidata.org/entity/Q139965"}
image:
fields total:
13
integrity:
14