MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... future , we use the formula Amount of money Present value = Future amount ( 1 + r ) value . You can use this formula to calculate present Calculating present value is called discounting . Discounting is the conversion of a future amount ...
... future , we use the formula Amount of money Present value = Future amount ( 1 + r ) value . You can use this formula to calculate present Calculating present value is called discounting . Discounting is the conversion of a future amount ...
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... future demand or its future supply . We have just considered some uncer- tainties about supply . There are also many uncer- tainties about demand . We know that demand for a good depends on the prices of its substitutes and complements ...
... future demand or its future supply . We have just considered some uncer- tainties about supply . There are also many uncer- tainties about demand . We know that demand for a good depends on the prices of its substitutes and complements ...
˹éÒ 480
... future price , stockholders sell . If the price is below their expectation of the future price , they buy . As a consequence , the current supply curve ( S ) is horizontal at the expected price ( EP ) . These transactions keep the ...
... future price , stockholders sell . If the price is below their expectation of the future price , they buy . As a consequence , the current supply curve ( S ) is horizontal at the expected price ( EP ) . These transactions keep the ...
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amount average benefit budget calculate called capital cars CHAPTER choices cloth competitive consumer consumption corn cost curve countries decreases demand curve depends determined dollars economic effect elasticity elasticity of demand equal equilibrium example expected Explain factor falls Figure firms future given graph higher hour household illustrates important income increases individual industry input interest labor less long-run look loss lower marginal cost marginal revenue marginal utility measured million monopoly month opportunity cost output percent percentage person possible preferences problem production profit quantity demanded questions regulation relationship rent result rises scale sell shifts short-run shown shows slope soda sold substitution supply curve sweaters tapes theory things tion total cost trade units utility variable wage wage rate wealth week workers