Peer reviewedERIC Number: EJ649733
Record Type: CIJE
Publication Date: 2000
Pages: N/A
Abstractor: N/A
ISBN: N/A
ISSN: ISSN-0022-0485
EISSN: N/A
Pecuniary Effects, Second-Order Conditions, and the LRAC Curve.
Comolli, Paul M.
Journal of Economic Education, v31 n2 p131-43 Spr 2000
Explores the importance of second-order conditions in the cost-minimization problem confronting the monopsonistic employer of factor inputs. Describes an alternative approach to the presence of pecuniary effects that does not depend on the assumption that firms are monopsonistic in factor markets. (CMK)
Descriptors: Capital, Costs, Economics, Educational Practices, Higher Education, Introductory Courses, Labor, Microeconomics, Textbook Content, Textbooks, Theories
Publication Type: Journal Articles; Reports - Descriptive
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
