MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 183
... price of movies has fallen and is now equal to the price of soda . Therefore the rela- tive price of movies ( PIP ) has decreased to 1. Lisa's new budget equation is Q1 = 10 - Qm ' Let's check that this new budget equation works . With ...
... price of movies has fallen and is now equal to the price of soda . Therefore the rela- tive price of movies ( PIP ) has decreased to 1. Lisa's new budget equation is Q1 = 10 - Qm ' Let's check that this new budget equation works . With ...
หน้า 191
... price ( the magnitude of the slope of the budget line ) . FIGURE 8.8 Price Effect and Demand Curve 10 We will now ... movies $ 6 Best affordable point : movies $ 3 12 L et's examine how consumers respond to changes in prices and income ...
... price ( the magnitude of the slope of the budget line ) . FIGURE 8.8 Price Effect and Demand Curve 10 We will now ... movies $ 6 Best affordable point : movies $ 3 12 L et's examine how consumers respond to changes in prices and income ...
หน้า 192
... price of movies enables us to derive Lisa's demand curve for movies . Recall that the demand curve graphs the relationship between the quantity demanded of good and its price , holding constant all other influ- ences on the quantity ...
... price of movies enables us to derive Lisa's demand curve for movies . Recall that the demand curve graphs the relationship between the quantity demanded of good and its price , holding constant all other influ- ences on the quantity ...
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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