MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 159
... consumption choices . FIGURE 7.2 Consumption Possibilities A Constraints ◇ Preferences Constraints Household ... Expenditure Movies Soda Possibility Quantity Expenditure ( dollars ) Six - packs Expenditure ( dollars ) a 0 0 10 30 b 1 6 ...
... consumption choices . FIGURE 7.2 Consumption Possibilities A Constraints ◇ Preferences Constraints Household ... Expenditure Movies Soda Possibility Quantity Expenditure ( dollars ) Six - packs Expenditure ( dollars ) a 0 0 10 30 b 1 6 ...
หน้า 196
... consumption point is on the highest attainable indifference curve . ◇ At the chosen consumption point , the slope of the indifference curve equals the slope of the budget line . Expressed in another way , the marginal rate of ...
... consumption point is on the highest attainable indifference curve . ◇ At the chosen consumption point , the slope of the indifference curve equals the slope of the budget line . Expressed in another way , the marginal rate of ...
หน้า
... consumption . Saving is measured in the national income accounts as disposable income ( income less taxes ) minus consumption expenditure . Scarcity The universal state in which wants exceed resources . Scatter diagram A diagram that ...
... consumption . Saving is measured in the national income accounts as disposable income ( income less taxes ) minus consumption expenditure . Scarcity The universal state in which wants exceed resources . Scatter diagram A diagram that ...
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allocative amount average total cost benefit budget line bushels buyers calculate capital cars change in price CHAPTER choices competitive consumer surplus consumption cost curve decreases demand and supply demand curve economic economists elasticity of demand equal equilibrium example factors of production falls Figure firm's firms graph haircuts higher hour household income effect increases indifference curve industry inelastic input interest rate isocost labor Lisa Lisa's long-run lower marginal cost marginal product marginal rate marginal revenue marginal revenue product marker pens million tapes monopoly movies and soda oligopoly opportunity cost output percent perfect competition Price dollars production possibility frontier profit quantity bought quantity demanded quantity supplied rate of substitution relationship rent rises sell short-run shows six-packs slope sold supply curve Swanky tapes a week tion total revenue total utility unemployment units utility per dollar wage rate wealth workers zero