Instruct: Identify the main and secondary category of Arxiv papers based on the titles and abstracts
Query: Role of Intensive and Extensive Variables in a Soup of Firms in Economy
  to Address Long Run Prices and Aggregate Data   We review the production function and the hypothesis of equilibrium in the
neoclassical framework. We notify that in a soup of sectors in economy, while
capital and labor resemble extensive variables, wage and rate of return on
capital act as intensive variables. As a result, Baumol and Bowen's statement
of equal wages is inevitable from the thermodynamics point of view. We try to
see how aggregation can be performed concerning the extensive variables in a
soup of firms. We provide a toy model to perform aggregation for production and
the labor income as extensive quantities in a neoclassical framework.

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The categories of this paper are: nucl-th
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The categories of this paper are: atom-ph
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The categories of this paper are: hep-th
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The categories of this paper are: supr-con
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The categories of this paper are: cmp-lg
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The categories of this paper are: math
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The categories of this paper are: econ
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The categories of this paper are: nucl-ex
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The categories of this paper are: ao-sci
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The categories of this paper are: gr-qc
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The categories of this paper are: bayes-an
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The categories of this paper are: stat
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The categories of this paper are: alg-geom
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The categories of this paper are: dg-ga
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The categories of this paper are: adap-org
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The categories of this paper are: quant-ph