MicroeconomicsAddison-Wesley, 1994 - 655 หน้า |
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Michael Parkin. CHAPTER 11 COMPETITION Profit - Maximizing Output Profit is the difference between a firm's total revenue and total cost . Maximizing profit is the same ... Total Revenue , Total Cost , and Profit 284 Profit-Maximizing Output.
Michael Parkin. CHAPTER 11 COMPETITION Profit - Maximizing Output Profit is the difference between a firm's total revenue and total cost . Maximizing profit is the same ... Total Revenue , Total Cost , and Profit 284 Profit-Maximizing Output.
หน้า 316
... revenue gain of $ 14 ( the price charged for the third haircut ) . But there is a revenue loss of $ 4 ( $ 2 per haircut ) on the 2 hair- cuts that she could have sold for $ 16 each . The marginal revenue ( extra total revenue ) from the ...
... revenue gain of $ 14 ( the price charged for the third haircut ) . But there is a revenue loss of $ 4 ( $ 2 per haircut ) on the 2 hair- cuts that she could have sold for $ 16 each . The marginal revenue ( extra total revenue ) from the ...
หน้า 319
... total cost ( TC ) , marginal cost ( MC ) , and profit ( TR- TC ) to the information on demand and revenue in Table 12.1 . For example , at a price of $ 16 , 2 haircuts will be sold for a total revenue of $ 32 . The total cost of ...
... total cost ( TC ) , marginal cost ( MC ) , and profit ( TR- TC ) to the information on demand and revenue in Table 12.1 . For example , at a price of $ 16 , 2 haircuts will be sold for a total revenue of $ 32 . The total cost 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