MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 83
... quantity demanded equal the quantity supplied . The demand schedule shown in the table in Fig . 4.1 and the supply schedule shown in the table in Fig . 4.4 appear together in the table in Fig . 4.7 . If the price of a tape is $ 1 , the ...
... quantity demanded equal the quantity supplied . The demand schedule shown in the table in Fig . 4.1 and the supply schedule shown in the table in Fig . 4.4 appear together in the table in Fig . 4.7 . If the price of a tape is $ 1 , the ...
หน้า 106
... quantity demanded , the elasticity is 0.5 regardless of whether the price increases or decreases . Percentages and Proportions Although elasticity is the ratio of the percentage change in the quantity demanded to the percentage change ...
... quantity demanded , the elasticity is 0.5 regardless of whether the price increases or decreases . Percentages and Proportions Although elasticity is the ratio of the percentage change in the quantity demanded to the percentage change ...
หน้า 107
... demand . The initial quantity demanded was 42 mil- lion barrels a day , and the new quantity demanded is 38. Thus the average quantity demanded is 40 , and the change in the quantity demanded is -4 . The per- centage change in the quantity ...
... demand . The initial quantity demanded was 42 mil- lion barrels a day , and the new quantity demanded is 38. Thus the average quantity demanded is 40 , and the change in the quantity demanded is -4 . The per- centage change in 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