
Homotheticity

Translation homotheticity into russian
homotheticity
NounThe concept of homotheticity is important in economic theory.
Понятие гомотетичности важно в экономической теории.
Definitions
homotheticity
NounThe property of a function or a set being homothetic, meaning it can be transformed into another function or set by scaling.
The homotheticity of the production function implies that output can be increased proportionally by scaling up all inputs.