MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 67
... Money can also be defined as a medium of exchange — something that can be ... monetary exchange system , you exchange your time and effort for money and use that ... quantity of it pro- duced increases . ( pp . 54-56 ) Economic Growth ...
... Money can also be defined as a medium of exchange — something that can be ... monetary exchange system , you exchange your time and effort for money and use that ... quantity of it pro- duced increases . ( pp . 54-56 ) Economic Growth ...
หน้า 171
... quantities of goods that maximize utility . We test how closely the marginal ... money they give up in exchange . Calculating Consumer Surplus The value that ... Quantity ( movies per month ) Lisa is willing to pay $ 7 to watch her first ...
... quantities of goods that maximize utility . We test how closely the marginal ... money they give up in exchange . Calculating Consumer Surplus The value that ... Quantity ( movies per month ) Lisa is willing to pay $ 7 to watch her first ...
หน้า
... quantity demanded becomes zero if the price rises by the smallest amount ... money ; equal to the amount that , if invested today , will grow as large as ... quantity of a good consumed . Price elasticity of demand The responsiveness of ...
... quantity demanded becomes zero if the price rises by the smallest amount ... money ; equal to the amount that , if invested today , will grow as large as ... quantity of a good consumed . Price elasticity of demand The responsiveness of ...
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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