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Marshallian Cross: An Alternative Justification and Related Issues

https://doi.org/10.32609/0042-8736-2013-2-108-120

Abstract

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.

About the Author

L. Grebnev
Kutafin Moscow State Law University; National Research University Higher School of Economics (Moscow, Russia)
Russian Federation


References

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Review

For citations:


Grebnev L. Marshallian Cross: An Alternative Justification and Related Issues. Voprosy Ekonomiki. 2013;(2):108-120. (In Russ.) https://doi.org/10.32609/0042-8736-2013-2-108-120

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ISSN 0042-8736 (Print)