TERMIUM Plus®

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FACTOR DEMAND CURVE [4 records]

Record 1 2015-03-02

English

Subject field(s)
  • Econometrics
  • Statistical Graphs and Diagrams
CONT

The firm's demand curve for any factor is given by its curve of marginal-revenue-product for that factor, a curve which declines because of(1) diminishing physical returns and(2) the downward slope of the MR8 curve that usually prevails under imperfect competition.

French

Domaine(s)
  • Économétrie
  • Diagrammes et graphiques (Statistique)

Spanish

Save record 1

Record 2 1981-01-28

English

Subject field(s)
  • Production (Economics)
  • Econometrics
OBS

Factor demand curves are derived from commodity demand curves. An upward shift in the latter causes a similar upward shift in the former.

French

Domaine(s)
  • Production (Économie)
  • Économétrie

Spanish

Save record 2

Record 3 1981-01-27

English

Subject field(s)
  • Econometrics
OBS

Where the derived demand curve for a factor intersects its supply curve, the final equilibrium factor-price will be set.

French

Domaine(s)
  • Économétrie

Spanish

Save record 3

Record 4 1981-01-23

English

Subject field(s)
  • Laws of the Market (Economy)
OBS

The firm's demand curve for any factor is given by its curve of marginal-revenue-product for that factor, a curve which declines because of(1) diminishing physical returns and(2) the downward slope of the MR curve that usually prevails under imperfect competition.

French

Domaine(s)
  • Lois du marché (Économie)

Spanish

Save record 4

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