Abstract
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.
Item Type: | Paper |
---|---|
Keywords: | derived demand, indirect demand, consumers' surplus, economic rent |
Faculties: | Economics Economics > Munich Discussion Papers in Economics Economics > Munich Discussion Papers in Economics > Micro-Economics Economics > Munich Discussion Papers in Economics > Welfare Economics Economics > Munich Discussion Papers in Economics > Mathematical Methods Economics > Chairs > Chair of Institutional Economics (closed) |
Subjects: | 300 Social sciences > 300 Social sciences, sociology and anthropology 300 Social sciences > 330 Economics |
JEL Classification: | D00, D61 |
URN: | urn:nbn:de:bvb:19-epub-940-9 |
Language: | English |
Item ID: | 940 |
Date Deposited: | 06. Jun 2006 |
Last Modified: | 04. Nov 2020, 19:19 |