A Digression on Marginal Net Productivity

Joan Robinson

Chapter Chapter 20 in The Economics of Imperfect Competition, 1969, pp 235-242 from Palgrave Macmillan

Abstract: Abstract IN order to continue the analysis of monopsony it is necessary to examine the nature of the demand curve for a factor of production. Labour will serve as an example of a factor, and in order to simplify the discussion we will assume that all men are alike, so that a “man” represents an efficiency unit1 of labour.

Keywords: Marginal Cost; Marginal Productivity; Demand Curve; Average Cost; Cost Curve (search for similar items in EconPapers)
Date: 1969
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-15320-6_21

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DOI: 10.1007/978-1-349-15320-6_21

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