{"title":"反驳u型生产理论","authors":"Hak Choi","doi":"10.2139/ssrn.2725295","DOIUrl":null,"url":null,"abstract":"This paper changes the traditional view of the U-shaped average cost model. It also changes the view about fixed cost. A fixed cost, which comes with a fixed capital, may increase the initial value of the total average cost, but its positive impact on output and profit is more significant. The U-shaped AC curve or its cascade is refuted.","PeriodicalId":237187,"journal":{"name":"ERN: Production; Cost; Capital & Total Factor Productivity; Value Theory (Topic)","volume":"99 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2016-01-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Disproving the U-Shaped Production Theory\",\"authors\":\"Hak Choi\",\"doi\":\"10.2139/ssrn.2725295\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"This paper changes the traditional view of the U-shaped average cost model. It also changes the view about fixed cost. A fixed cost, which comes with a fixed capital, may increase the initial value of the total average cost, but its positive impact on output and profit is more significant. The U-shaped AC curve or its cascade is refuted.\",\"PeriodicalId\":237187,\"journal\":{\"name\":\"ERN: Production; Cost; Capital & Total Factor Productivity; Value Theory (Topic)\",\"volume\":\"99 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2016-01-31\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ERN: Production; Cost; Capital & Total Factor Productivity; Value Theory (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.2139/ssrn.2725295\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Production; Cost; Capital & Total Factor Productivity; Value Theory (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2139/ssrn.2725295","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
This paper changes the traditional view of the U-shaped average cost model. It also changes the view about fixed cost. A fixed cost, which comes with a fixed capital, may increase the initial value of the total average cost, but its positive impact on output and profit is more significant. The U-shaped AC curve or its cascade is refuted.