The Industrial Demand for Agricultural Economists

Leo Polopolus

Journal of Agricultural and Applied Economics, 1969, vol. 1, issue 1, 163-167

Abstract: Industrial demand for agricultural economists can be viewed theoretically as the demand for a factor of production. In this case, the marginal revenue productivity of an industrial economist defines the factor demand. This factor demand is “derived” from the demand for the product.It is an hypothesis of this paper that the industrial demand for economists has shifted outward and to the right. This has occurred because the two components of factor demand-marginal physical productivity of the factor and marginal revenue of the product-have both shifted outward and to the right.

Date: 1969
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