A constant elasticity of profit production functionRodneyBeardauthorImpact analysis of changes in production inputs may be simplified if one can apply a constant adjustment factor to profit. In particular, if a production function can be found for which the elasticity of profit is constant and this function has desirable properties, then one can use the input elasticity of profit to study the impact of input changes on profit. In this paper such a production function is derived from first principles.D24 - Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; CapacityM21 - Business Economics2007-11MPRA Paper