A SIMPLIFIED AND GENERALIZED GRAPHICAL PROOF OF THE DOWNWARD SLOPE OF A FACTOR DEMAND CURVE.

Presents a simplified and generalized graphical proof of the downward slope of the factor demand curve. Incorporation of a competitive input market; Profit maximizing behavior by entrepreneurs; Relationship between the slope of marginal cost and revenue curves; Substitution effect on the quantity o...

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Detalles Bibliográficos
Publicado en:American Economist Vol. 21; no. 1
Autor principal: Scott, Charles E.
Formato: Artículo
Publicado: Sage Publications Inc. Spring77
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        Demand function
        Profit
        Cost
        Revenue
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          Demand function
          Profit
          Cost
          Revenue
      ab: Presents a simplified and generalized graphical proof of the downward slope of the factor demand curve. Incorporation of a competitive input market; Profit maximizing behavior by entrepreneurs; Relationship between the slope of marginal cost and revenue curves; Substitution effect on the quantity of a factor demanded; Effect of a factor price change on the demand curve.
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