Environment Production Factor’s Demand and Supply
Lijun Li, Yanli Li, Xiaoyue Li
Ekoloji, 2019, Issue 107, Pages: 211-217, Article No: e107041
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Abstract
Since the concept of environment production factor proposed, it has been widely concerned. However, it is lacking for the study on its supply, demand curve and price setting model. Several questions have been discussed in this paper. First, we analyze the supply curve without considering reserved self- using. Second, according to its concept and characteristics, we get its “vertical ladle” supply curve in practice. Finally, combine the demand curve of environment production factor; we get its equilibrium price under condition of perfect competition.
Keywords
environment production factor, supply curve, equilibrium price
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