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Subtleties Associated with Derived Demand Relationships

Published online by Cambridge University Press:  15 September 2016

Ronald A. Schrimper
Ronald A. Schrimper*
Affiliation:
Department of Agricultural and Resource Economics, North Carolina State University
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Abstract

Subtleties involving measurement of quantities and prices when derived demands are graphically displayed in frameworks representing market linkages are discussed. Complications arising from assuming variable proportions rather than fixed coefficients are noted. Finally, an example developed by Wohlgenant and Haidacher is clarified.

Type
Articles
Information
Agricultural and Resource Economics Review , Volume 24 , Issue 2 , October 1995 , pp. 241 - 246
Copyright
Copyright © 1995 Northeastern Agricultural and Resource Economics Association 

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References

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