Economic Surplus and Derived Demand

Ekkehart Schlicht ()

Discussion Papers in Economics from University of Munich, Department of Economics

Abstract: Most demand -- especially labor demand -- is derived from the demand for some other product. This note demonstrates that the usual analysis of economic rent, as typically explained for the case of consumers' surplus, carries over to the case of derived demand.

Keywords: derived demand; indirect demand; consumers' surplus; economic rent (search for similar items in EconPapers)
JEL-codes: D00 D61 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mic
Date: 2006-06
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http://epub.ub.uni-muenchen.de/940/1/schlicht_consumersurplus.pdf (application/pdf)

Related works:
Working Paper: Economic Surplus and Derived Demand (2006)
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Persistent link: http://EconPapers.repec.org/RePEc:lmu:muenec:940

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