An Alternative Proof of Marshall\'s Rule

The paper offers a concise proof of a rule attributed to Alfred Marshall concerning the own-price elasticity of a firm's derived factor demand. The derivation uses the implicit function theorem.

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Year of publication:	2000-03-30
Authors:	Ewerhart, Christian
Institutions:	Sonderforschungsbereich 504 "Rationalitätskonzepte, Entscheidungsverhalten und ökonomische Modellierung", Abteilung für Volkswirtschaftslehre ; Sonderforschungsbereich 504, University of Mannheim

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Series:	Sonderforschungsbereich 504 Publications.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series sfbmaa Number 00-23 8 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005463666