MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 280
... Perfect Competition n order to study competitive markets , we are going to build a model of a market in which competition is as fierce and extreme as possible . Economists call the most extreme form of competition perfect competition ...
... Perfect Competition n order to study competitive markets , we are going to build a model of a market in which competition is as fierce and extreme as possible . Economists call the most extreme form of competition perfect competition ...
หน้า 282
... competition that they face is so stiff that they are left with little room to maneuver . This happens in sporting events , too . For example , when two wrestlers are closely matched , they com- pete ... Perfect Competition Profit and Revenue.
... competition that they face is so stiff that they are left with little room to maneuver . This happens in sporting events , too . For example , when two wrestlers are closely matched , they com- pete ... Perfect Competition Profit and Revenue.
หน้า 308
... perfect competition . We have seen how a firm in a perfectly competitive market chooses its profit- maximizing output . We have seen how the actions of all the firms in a market combine to determine the market supply curve and how the ...
... perfect competition . We have seen how a firm in a perfectly competitive market chooses its profit- maximizing output . We have seen how the actions of all the firms in a market combine to determine the market supply curve and how the ...
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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