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Anyone ever learn about "reverse demand functions"?

S

Syringer

Lifer
My friend was asking something about reverse demand functions, and I've taken 3 microecon courses here and have never heard of such a thing. It's not even listed in my micro or macro econ books either..

Has anyone here ever heard of it? Google comes up with just 4 results which don't seem to be all too helpful..
 
Reverse demand is (IIRC) another term for supply function.

So, for example, If you have 5 spiders available for sale at your pet store, you have a reverse demand of 5 spiders :Q
 
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