MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... Preferences Finally , demand depends on pref- erences . Preferences are an individual's attitudes toward goods and services . For example , a rock music fanatic has a much greater preference for tapes than does a tone - deaf workaholic ...
... Preferences Finally , demand depends on pref- erences . Preferences are an individual's attitudes toward goods and services . For example , a rock music fanatic has a much greater preference for tapes than does a tone - deaf workaholic ...
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Michael Parkin. 4 ( b ) Preference relations CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES CHAPTER 8. PREFERENCES The first two assumptions amount to the proposi- tion that people's likes and dislikes do not depend on what they can ...
Michael Parkin. 4 ( b ) Preference relations CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES CHAPTER 8. PREFERENCES The first two assumptions amount to the proposi- tion that people's likes and dislikes do not depend on what they can ...
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Michael Parkin. CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES 4 Marker. less soda than point c or more soda and fewer movies than point c . How does Lisa rank points in these areas ...
Michael Parkin. CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES CHAPTER 8 POSSIBILITIES , PREFERENCES , AND CHOICES 4 Marker. less soda than point c or more soda and fewer movies than point c . How does Lisa rank points in these areas ...
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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