Economic Surplus and Derived Demand

Episode von Volkswirtschaft - Open Access LMU - Teil 02/03 von Ludwig-Maximilians-Universität München · 1. Juni 2006

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.

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