However, the position of the demand curve for labour can vary according to either the level of capital employed or the price of the output good. |
A change in the demand curve, however, can make for substantial price difference. |
I analyze this possibility by postulating that there is another demand curve that I call the latent demand curve. |
However, the demand curve for these technologies, at least for the next several years, is headed upwards and at times has been nearly vertical. |
The demand curve just goes up and up and outstrips California's ability to provide supply. |
As a result, investment plus consumer durables actually increased as a percent of GDP despite a clear-cut inward shift in the demand curve. |