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Subtleties Associated With Derived Demand Relationships

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  • Schrimper, Ronald A.

Abstract

Subtleties involving measurement of quantities and prices when derived demands are graphically displayed in frameworks representing market linkages are discussed. Complications arising from assuming variable proportions rather than fixed coefficients are noted. Finally, an example developed by Wohlgenant and Haidacher is clarified.

Suggested Citation

  • Schrimper, Ronald A., 1995. "Subtleties Associated With Derived Demand Relationships," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 24(2), pages 1-6, October.
    • Handle: RePEc:ags:arerjl:31600
    DOI: 10.22004/ag.econ.31600
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    References listed on IDEAS

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    1. Bruce L. Gardner, 1975. "The Farm-Retail Price Spread in a Competitive Food Industry," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 57(3), pages 399-409.
    2. J. R. Hicks, 1963. "The Theory of Wages," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-00189-7.
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    Demand and Price Analysis;

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