Input Demand Functions

Chapter
First Online:
Part of the Springer Texts in Business and Economics book series (STBE)

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.

Keywords

Budget Constraint Price Change Price Increase Price Elasticity Profit Maximisation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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Reference

  1. Flaten, O. (2001). Økonomiske analyser av tilpasninger i norsk mjølkeproduktion. Dr. Scient Thesis from Institut for økonomi og samfunnsfag, Norges landbrukshøgskole, ÅsGoogle Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2013

Authors and Affiliations

  1. 1.Department of Resource Economics and Food PolicyUniversity of CopenhagenFrederiksbergDenmark

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