Economics (McConnell), 18th EditionChapter 12:
The Demand for ResourcesIN THIS CHAPTER YOU WILL LEARN: - The significance of resource pricing.
- How the marginal revenue productivity of a resource relates to a firm's demand for that resource.
- The factors that increase or decrease resource demand.
- The determinants of elasticity of resource demand.
- How a competitive firm selects its optimal combination of resources.
|