What is the short run demand curve, Microeconomics

A firm has a short-run production function defined by:

 Q = -. 02L2 + 8L

What  is  the short  run demand curve  for  labour  (L) in terms of  the market wage  rate  (w), if the firm can sell all  its output at $5 per unit?

Posted Date: 2/15/2013 7:06:11 AM | Location : United States







Related Discussions:- What is the short run demand curve, Assignment Help, Ask Question on What is the short run demand curve, Get Answer, Expert's Help, What is the short run demand curve Discussions

Write discussion on What is the short run demand curve
Your posts are moderated
Related Questions
Bank for International Settlements: An international financial regulatory organization based in Switzerland, Bernethat designs international regulations regarding capital adequacy

Differentiate between inflation and unemployment.  Inflation is an increase in the general price level that results in a decline in the purchasing power of money. In economics,

duality was used in comparative static approach in assessing the direction of change on economic variables . Why do we need duality and under what condition may duality can''t be u

Model in economics is the permanent income hypothesis, which basically states that a household''s expenditures will not react to a change in income unless that change in income is

Name the two actors in the basic neoclassical (or traditional microeconomic) model of economics, and identify the assumptions the model makes of these two actors. Firms and hou

All about matter

is it just assumed that a monopoly graph is showing economic profit instead of accounting profit

Why does a price index based on constant weights tend to overstate inflation in periods after the base year when the price of one good is rising quickly compared to other goods?


How might a change in the exchange rate affect the domestic economy of the country? A change in the exchange rate - ceteris paribus - will alter relative prices between trading