Anzeige
Erschienen in:
2011 | OriginalPaper | Buchkapitel
7. Input Demand Functions
verfasst von : Svend Rasmussen
Erschienen in: Production Economics
Verlag: Springer Berlin Heidelberg
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Abstract
In this chapter, the theory introduced in Chap. 4 will be used to derive the company’s demand for input used in production. Furthermore, how the theory can be used to analyse what happens to the demand for input when the relative prices vary will also be examined. The representation in the first sections of this chapter presupposes a market with perfect competition, i.e. the company is a price taker and does not have the possibility of influencing the market price for the required inputs. At the end of the chapter (Sect. 7.5), the input demand under the more general assumption that the price for input can vary, depending on the amount demanded by the company, is discussed.