MicroeconomicsAddison-Wesley, 1994 - 655 ˹éÒ |
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... sweater factory . With 1 worker racing among 4 knitting machines , desperately trying to keep them all operating , coping with breakdowns , and keeping the wool from tangling , output can be held constant at 15 sweaters a day by getting ...
... sweater factory . With 1 worker racing among 4 knitting machines , desperately trying to keep them all operating , coping with breakdowns , and keeping the wool from tangling , output can be held constant at 15 sweaters a day by getting ...
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... sweater ) 25 Swanky's demand curve AR = MR Revenue ( dollars per day ) 175 TR D 0 0 0 7 10 20 Quantity ( thousands of sweaters per day ) 7 10 20 Quantity ( sweaters per day ) ( a ) Sweater industry Quantity Price Average sold ( P ) ...
... sweater ) 25 Swanky's demand curve AR = MR Revenue ( dollars per day ) 175 TR D 0 0 0 7 10 20 Quantity ( thousands of sweaters per day ) 7 10 20 Quantity ( sweaters per day ) ( a ) Sweater industry Quantity Price Average sold ( P ) ...
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... sweaters fixed variable Total cost cost cost cost ( dollars cost ( dollars Price Total ( dollars revenue Marginal revenue ( dollars per day ) ( dollars ) ( dollars ) ( dollars ) per sweater ) per sweater ) per sweater ) ( dollars ) per ...
... sweaters fixed variable Total cost cost cost cost ( dollars cost ( dollars Price Total ( dollars revenue Marginal revenue ( dollars per day ) ( dollars ) ( dollars ) ( dollars ) per sweater ) per sweater ) per sweater ) ( dollars ) per ...
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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