Economic surplus and derived demand
Economic surplus and derived demand
About this book
"Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates that the usual analysis of economic rent, as typically explained for the case of consumers' surplus, carries over to the case of derived demand"--Forschungsinstitut zur Zukunft der Arbeit web site.
Details
- OL Work ID
- OL24060912W
Subjects
Labor demandSupply and demandSurplus (Accounting)