Talk:Hotelling's lemma
Appearance
This article is rated Stub-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | |||||||||||
|
Daily pageviews of this article
A graph should have been displayed here but graphs are temporarily disabled. Until they are enabled again, visit the interactive graph at pageviews.wmcloud.org |
The Applications section needs work because it is for a large price increase, not an infinitesimal one, so the profit increase will be greater than the initial quantity because the firm will want to increase its quantity in response to the price change. It really is contrary to the spirit of Hotelling's lemma. A Cobb-Douglas example might be good.