MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... lower levels of employment . Eventually , the wage will return to its previous level but at a much lower employment level . If the government imposes a minimum wage , a decrease in the demand for labor will result in an increase in ...
... lower levels of employment . Eventually , the wage will return to its previous level but at a much lower employment level . If the government imposes a minimum wage , a decrease in the demand for labor will result in an increase in ...
˹éÒ 467
... lower ) is found and then buy at that lowest found price . When the expected marginal benefit equals the mar- ginal ... lower price . If you do find a lower price , you will gain the difference between $ 9,000 and the price found . This ...
... lower ) is found and then buy at that lowest found price . When the expected marginal benefit equals the mar- ginal ... lower price . If you do find a lower price , you will gain the difference between $ 9,000 and the price found . This ...
˹éÒ 544
... lower the median voter's income by reducing the incentive to work , which lowers average income . Which of these two opposing effects is stronger depends on the scale of redistribu- tion . At low tax rates , the disincentive effects are ...
... lower the median voter's income by reducing the incentive to work , which lowers average income . Which of these two opposing effects is stronger depends on the scale of redistribu- tion . At low tax rates , the disincentive effects are ...
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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