Household production factor supply function

...In this case, the price of each product and the price of each production factor (i.e., labor, rent, and interest) will have a significant impact on the choice of purchase and sales patterns. The relationship between the price of a product and the amount purchased is called the household's product demand function, and the relationship between the price of a production factor and the amount sold is called the household's production factor supply function. The main decision-making body regarding production activities is the company. ...

*Some of the terminology used in the "household production factor supply function" is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

…その際には，各生産物の価格および各生産要素の価格(つまり労賃，地代，利子)の高低が，購入，販売のパターンの選択に重要な影響をもつことになろう。生産物の価格とその購入量との関係は家計の生産物需要関数と呼ばれ，生産要素の価格とその販売量との関係は家計の生産要素供給関数と呼ばれる。　生産活動に関する意思決定の主体は企業である。…

※「家計の生産要素供給関数」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典 第２版について | 情報