MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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˹éÒ 45
... holding price constant . One curve holds the price at 30 ¢ and the other at 15c . Part ( c ) shows the relationship between temperature and price , holding consumption constant . One curve holds consumption constant at 10 gallons and ...
... holding price constant . One curve holds the price at 30 ¢ and the other at 15c . Part ( c ) shows the relationship between temperature and price , holding consumption constant . One curve holds consumption constant at 10 gallons and ...
˹éÒ 79
... holding constant the prices of other goods , the prices of factors of production used to produce it , expected future prices , and the state of technology . The table in Fig . 4.4 sets out a supply schedule for tapes . It shows the ...
... holding constant the prices of other goods , the prices of factors of production used to produce it , expected future prices , and the state of technology . The table in Fig . 4.4 sets out a supply schedule for tapes . It shows the ...
˹éÒ 263
... holding the amount of capital con- stant . We've already learned how to calculate the marginal product of labor , so we'll not repeat the calculations here . The marginal product of capital is the change in total product per unit change ...
... holding the amount of capital con- stant . We've already learned how to calculate the marginal product of labor , so we'll not repeat the calculations here . The marginal product of capital is the change in total product per unit change ...
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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