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The Industrial Demand for Agricultural Economists

Published online by Cambridge University Press:  28 April 2015

Leo Polopolus
Leo Polopolus*
Affiliation:
Department of Agricultural Economists, University of Florida
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Extract

Industrial demand for agricultural economists can be viewed theoretically as the demand for a factor of production. In this case, the marginal revenue productivity of an industrial economist defines the factor demand. This factor demand is “derived” from the demand for the product.

It is an hypothesis of this paper that the industrial demand for economists has shifted outward and to the right. This has occurred because the two components of factor demand-marginal physical productivity of the factor and marginal revenue of the product-have both shifted outward and to the right.

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 1 , Issue 1 , December 1969 , pp. 163 - 167
Copyright
Copyright © Southern Agricultural Economics Association 1969

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