Potato Price in a Competitive Economy

Abstract:

This paper present the results of 2 mathematical models based on linear, unifactorial and multifactorial functions as well as Cobb-Douglas production function. The 2 econometric models are based on potato productions. The calculus performed in the context of finalizing the econometric model of the dynamics of interdependence reference price according to dynamics potatoes and the total production achieved total output growth achieved by dynamic acreage shows that price is influenced mainly by other factors more or less non-economic, including environmental climate or absorbing power from customers and not output. In years with low moisture, output is reduced and the reference price is slightly higher. We expect that as the output is higher, the reference price to be lower.