Marshallian Cross: An Alternative Justification and Related Issues

The paper provides a justification of the laws of supply and demand using the concept of a marginal firm (technology) for the case of perfect competition. The ideological factor of excessive attention to the analysis of marginal parameters at the firm level in the introductory economics courses is discussed. The author connects these issues to the ideas of J. B. Clark and gives an alternative treatment of exploitation.

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Year of publication:	2013
Authors:	L. Grebnev.
Published in:	VOPROSY ECONOMIKI. - N.P. Redaktsiya zhurnala "Voprosy Economiki". - Vol. 2.2013
Publisher:	N.P. Redaktsiya zhurnala "Voprosy Economiki"
Subject:	teaching economics \| technology \| J. B. Clark \| exploitation

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Type of publication:	Article
Classification:	A11 - Role of Economics; Role of Economists; Market for Economists ; A22 - Undergraduate
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011007770