MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... Individual Demand and Market Demand he relationship between the total quantity of a good demanded and its price is called market demand . But goods and services are demanded by individuals . The relation- ship between the quantity of a ...
... Individual Demand and Market Demand he relationship between the total quantity of a good demanded and its price is called market demand . But goods and services are demanded by individuals . The relation- ship between the quantity of a ...
˹éÒ 225
... individual transactions undertaken . Consider , for example , the two ways of getting your car fixed that we've just described . The first method requires that you undertake only one trans- action with one firm . It's true that the firm ...
... individual transactions undertaken . Consider , for example , the two ways of getting your car fixed that we've just described . The first method requires that you undertake only one trans- action with one firm . It's true that the firm ...
˹éÒ 291
... individual firm . The supply schedules set out in the table form the basis of the supply curves that are graphed in Fig . F I 11.6 . Swanky and every other firm has the supply curve S , shown in Fig . 11.6 ( a ) ; the industry supply ...
... individual firm . The supply schedules set out in the table form the basis of the supply curves that are graphed in Fig . F I 11.6 . Swanky and every other firm has the supply curve S , shown in Fig . 11.6 ( a ) ; the industry supply ...
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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