北大 中级微观经济学讲义Ch26-Factor Markets.pptVIP

Chapter Twenty-Six Factor Markets A Competitive Firm’s Input Demands A purely competitive firm is a price-taker in its output and input markets. It buys additional units of input i until the extra cost of extra unit exceeds the extra revenue generated by that input unit. A Competitive Firm’s Input Demands For the competitive firm the marginal revenue of a unit of input i is A Monopolist’s Demands for Inputs What if the firm is a monopolist in its output market while still being a price-taker in its input markets? A Monopolist’s Demands for Inputs Suppose the firm uses two inputs to produce a s