Firm's product supply function

Japanese: 企業の生産物供給関数 - きぎょうのせいさんぶつきょうきゅうかんすう
Firm's product supply function

...To obtain the maximum profit possible, the ratio of production factors to be used must be selected according to the high or low price of the production factors, and production/sales volume must be adjusted according to the high or low price of the product. The relationship between the price of the product and its sales volume is the company's product supply function, and the relationship between the price of a production factor and the purchase volume is the company's production factor demand function. (In addition to the production factors owned by households, there are also production factors that are bought and sold between companies, i.e. intermediate products, but we will ignore these here to simplify the explanation.)
[Equilibrium Price System]
Next, we look at the markets in which these households and businesses buy and sell products and production factors.

*Some of the terminology used to refer to the "firm's product supply function" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…できるだけ多くの利潤を獲得するには,生産要素価格の高低に応じて諸生産要素の使用比率を選択し,また生産物価格の高低に応じて生産=販売量を調節しなければならない。生産物の価格とその販売量との関係が企業の生産物供給関数であり,生産要素の価格と購入量との関係が企業の生産要素需要関数である(生産要素のなかには,家計の所有する生産要素のほかに,企業間で売買される生産要素,つまり中間生産物があるが,ここでは,叙述の簡単化のため,これを無視する)。
[均衡価格体系]
 次に,これらの家計と企業が生産物と生産要素を売買する市場をみることにする。…

※「企業の生産物供給関数」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

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