MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 20
... Equilibrium is the solution or out- come of an economic model . The term equilibrium conjures up the picture of a balance of opposing forces . For example , a balance scale can be said to be in equilibrium if a pound of butter is placed ...
... Equilibrium is the solution or out- come of an economic model . The term equilibrium conjures up the picture of a balance of opposing forces . For example , a balance scale can be said to be in equilibrium if a pound of butter is placed ...
หน้า 397
... Equilibrium Equilibrium in the land market occurs at rents that allocate the fixed amounts of land available to their highest - value uses . Figure 14.10 illustrates two land markets . Part ( a ) shows the market for land on Chicago's ...
... Equilibrium Equilibrium in the land market occurs at rents that allocate the fixed amounts of land available to their highest - value uses . Figure 14.10 illustrates two land markets . Part ( a ) shows the market for land on Chicago's ...
หน้า 561
... Equilibrium In equilibrium , the regulation that exists is such that no interest group feels it is worthwhile to use addi- tional resources to press for changes and no group of politicians feels it is worthwhile to offer different ...
... Equilibrium In equilibrium , the regulation that exists is such that no interest group feels it is worthwhile to use addi- tional resources to press for changes and no group of politicians feels it is worthwhile to offer different ...
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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