SUBTLETIES ASSOCIATED WITH DERIVED DEMAND RELATIONSHIPS

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.


Issue Date:
1995-10
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31600
Published in:
Agricultural and Resource Economics Review, Volume 24, Number 2
Page range:
241-246
Total Pages:
6




 Record created 2017-04-01, last modified 2017-08-24

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