MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 271
Michael Parkin. MARGINAL PRODUCT AND MARGINAL COST FIGURE A10.8 Changes in Input Prices inputs are not close substitutes for each other , the isoquants will be curved very tightly and quite large changes in input prices will lead to only ...
Michael Parkin. MARGINAL PRODUCT AND MARGINAL COST FIGURE A10.8 Changes in Input Prices inputs are not close substitutes for each other , the isoquants will be curved very tightly and quite large changes in input prices will lead to only ...
หน้า 273
Michael Parkin. MARGINAL PRODUCT AND MARGINAL COST The first of these propositions is that when the least - cost technique is employed , the slope of the isoquant and the isocost line are the same . That is , MP1 / MPK = PL / PK The ...
Michael Parkin. MARGINAL PRODUCT AND MARGINAL COST The first of these propositions is that when the least - cost technique is employed , the slope of the isoquant and the isocost line are the same . That is , MP1 / MPK = PL / PK The ...
หน้า 286
Michael Parkin. Marginal Revenue , Marginal Cost , and Profit - Maximizing Output Three Possible Profit Outcomes in the Short Run Break -. CHAPTER 11 COMPETITION FIGURE 11.3 ( dollars per sweater ) Marginal revenue and marginal cost 10 0 ...
Michael Parkin. Marginal Revenue , Marginal Cost , and Profit - Maximizing Output Three Possible Profit Outcomes in the Short Run Break -. CHAPTER 11 COMPETITION FIGURE 11.3 ( dollars per sweater ) Marginal revenue and marginal cost 10 0 ...
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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