MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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หน้า 119
... run adjustment occurs only after a completely new production plant has been built and workers have been trained to operate it— typically a process that may take several years . Short - Run Supply The short - run supply curve shows how ...
... run adjustment occurs only after a completely new production plant has been built and workers have been trained to operate it— typically a process that may take several years . Short - Run Supply The short - run supply curve shows how ...
หน้า 234
... short run and the long run . The Short Run and the Long Run The short run is a period of time in which the quanti- ty of at least one input is fixed and the quantities of the other inputs can be varied . The long run is a peri- od of ...
... short run and the long run . The Short Run and the Long Run The short run is a period of time in which the quanti- ty of at least one input is fixed and the quantities of the other inputs can be varied . The long run is a peri- od of ...
หน้า 255
... Run Average Costs Average cost ATC o SRAC 0 Increasing returns to scale LRAC Decreasing returns to Constant returns ... short - run average total cost curves . Each short - run average total cost curve touches the long - run average cost ...
... Run Average Costs Average cost ATC o SRAC 0 Increasing returns to scale LRAC Decreasing returns to Constant returns ... short - run average total cost curves . Each short - run average total cost curve touches the long - run average cost ...
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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