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In order to continue the analysis of monopsony it is necessary to examine the nature of the demand curve for a factor of production. Labour will serve as an example of a factor, and in order to simplify the discussion we will assume that all men are alike, so that a “man” represents an efficiency unit of labour.

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Chapter 20: A Digression on Marginal Net Productivity

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  • 发表日期：

    2025年

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  • Joan Robinson

摘要

In order to continue the analysis of monopsony it is necessary to examine the nature of the demand curve for a factor of production. Labour will serve as an example of a factor, and in order to simplify the discussion we will assume that all men are alike, so that a “man” represents an efficiency unit of labour.