Microeconomics: Theory and Applications with Calculus, 4e

L

• Labor demand curves

  • comparing short- and long-run curves, 539–540

  • effect of specific tax on short-run demand, 535–536

  • effect of wage changes on short-run demand, 535–536

• Labor (L)

  • analysis of minimum wages with incomplete coverage, 332–334

  • calculus applied to cost minimization, 227

  • comparing firm and market demand curves, 541

  • comparing short and long-run demand curves, 539–540

  • competitive equilibrium, 542

  • competitive factor markets, 540–542

  • cost minimization, 224

  • elasticity of output in respect to, 185

  • elasticity of substitution, 194–195

  • factor markets, 532

  • innovations saving, 202

  • as input of production, 180

  • inputs in short-run production, 181–182

  • long-run demand curve, 538

  • long-run demand curve for competitive firm, 539

  • productivity during ...