MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... indifference curve . An indifference curve is a line that shows all combinations of two goods that give the consumer equal satisfaction . The indifference curve in Fig . 8.3 ( c ) shows all the combinations of movies and soda that give ...
... indifference curve . An indifference curve is a line that shows all combinations of two goods that give the consumer equal satisfaction . The indifference curve in Fig . 8.3 ( c ) shows all the combinations of movies and soda that give ...
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... indifference curve shows the degree of substi- tutability between two goods . The more perfectly substitutable the two goods , the more nearly are their indifference curves straight lines and the less quickly does the marginal rate of ...
... indifference curve shows the degree of substi- tutability between two goods . The more perfectly substitutable the two goods , the more nearly are their indifference curves straight lines and the less quickly does the marginal rate of ...
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... indifference curves . An indifference curve joins all the combinations of goods among which the con- sumer is indifferent . A consumer prefers points above an indifference curve to the points on it and prefers points on an indifference ...
... indifference curves . An indifference curve joins all the combinations of goods among which the con- sumer is indifferent . A consumer prefers points above an indifference curve to the points on it and prefers points on an indifference ...
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amount average benefit budget calculate called capital cars CHAPTER choices cloth competitive consumer consumption corn cost curve countries decreases demand curve depends determined dollars economic effect elasticity elasticity of demand equal equilibrium example expected Explain factor falls Figure firms future given graph higher hour household illustrates important income increases individual industry input interest labor less long-run look loss lower marginal cost marginal revenue marginal utility measured million monopoly month opportunity cost output percent percentage person possible preferences problem production profit quantity demanded questions regulation relationship rent result rises scale sell shifts short-run shown shows slope soda sold substitution supply curve sweaters tapes theory things tion total cost trade units utility variable wage wage rate wealth week workers