Producer theory
§1. Profit maximization problem
Production possibility set
Profit maximization problem
§2. Recovering feasible set
Empirical supply correspondence
Inner bound and outer bound
Complete data
§3. Rationalizability of supply choices
WAPM
Characterization when \(\pi\) is differentiable
Hotelling's lemma
General characterization
Homogeneity
"Law of supply"
Producer surplus
§4. Single-output case
Cost minimization problem
Shephard's lemma
§5. Solutions
§6. Aggregation
§7. Monopoly
§8. Short run and long run