Make My Assignment Consumption Investment And Monetary Policy Economics Essay

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在经济学中,派生需求断言Hicks Marshall的法律,其他条件相同,下列条件下一类劳动力需求的工资弹性高:

当产品需求的价格弹性为高(规模效应)。因此,当最终产品的需求是有弹性的,工资的增加将导致最终产品的需求量很大的变化,极大地影响就业。

当生产的其他因素可以很容易地取代的类别的劳动(替代效应)。

当生产的其他因素的供应是高度弹性的(即,使用其他因素的生产可以增加而不大幅增加他们的价格)(替代效应)。也就是说,雇主不能很容易地取代劳动,这样会导致其他因素价格的大幅增加,使其没有用。

因此,在消费函数中,我们了解了消费支出。但在Marshall的发现我们研究需求函数。所以,经济学中的消费函数是比Marshall的发现更多的需求函数。

KEYWORDS: Economics Essay, Economics Assignment,经济类论文范文

 

ANS1. Consumption function can be defined as the relationship between consumption and income.

Consumption = f (income) or C = f(y)

Consumption expenditure increases with increase in income. But increase consumption is less than increase in income. Consumption does not increase at the same rate as the income does. It is due to psychological behavior of the people.

In economics, the Hicks-Marshall laws of derived demand assert that, other things equal, the own-wage elasticity of demand for a category of labor is high under the following conditions:

When the price elasticity of demand for the product being produced is high (scale effect). So when final product demand is elastic, an increase in wages will lead to a large change in the quantity of the final product demanded affecting employment greatly.

Make My Assignment Consumption Investment And Monetary Policy Economics Essay

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