MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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ผลการค้นหา 1 - 3 จาก 28
หน้า 187
... rate of substitution is low . The person is willing to give up only a small amount of good y and must be compensated with a large amount of good x to remain indifferent . Let's work out the marginal rate of substitution in two cases ...
... rate of substitution is low . The person is willing to give up only a small amount of good y and must be compensated with a large amount of good x to remain indifferent . Let's work out the marginal rate of substitution in two cases ...
หน้า 264
... rate of substitution of labor for capital - which is the ratio of the fall in capital ( -AK ) to the rise in labor ( AL ) -is 2. Switching from method b to method c involves cutting capital by 1 machine and raising labor by 2 workers ...
... rate of substitution of labor for capital - which is the ratio of the fall in capital ( -AK ) to the rise in labor ( AL ) -is 2. Switching from method b to method c involves cutting capital by 1 machine and raising labor by 2 workers ...
หน้า 266
Michael Parkin. PRODUCING AT LEAST COST APPENDIX TO CHAPTER 10 PRODUCING AT LEAST COST APPENDIX TO. APPENDIX TO ... Substitution Capital ( machines per day ) 5 3 2 1 MRS = 2 MRS = 1/2 b which equals 12. Thus at point b , the marginal rate ...
Michael Parkin. PRODUCING AT LEAST COST APPENDIX TO CHAPTER 10 PRODUCING AT LEAST COST APPENDIX TO. APPENDIX TO ... Substitution Capital ( machines per day ) 5 3 2 1 MRS = 2 MRS = 1/2 b which equals 12. Thus at point b , the marginal rate ...
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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