MicroeconomicsD.C. Heath, 1992 M06 1 - 572 páginas |
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Página 197
... economic profit. For example, let the proprietor's accounting profit equal $30,000 (or $10,000) a year. In our case (with implicit cost of $20,600 a year), the economic profit would be figured, at $30,000 - $20,600 = $9,400 a year (or ...
... economic profit. For example, let the proprietor's accounting profit equal $30,000 (or $10,000) a year. In our case (with implicit cost of $20,600 a year), the economic profit would be figured, at $30,000 - $20,600 = $9,400 a year (or ...
Página 281
... economic profit. They tend to become smaller and less numerous in the presence of negative economic profit. This process of industry expansion or contraction eventually produces a state of zero economic profit and an equality of product ...
... economic profit. They tend to become smaller and less numerous in the presence of negative economic profit. This process of industry expansion or contraction eventually produces a state of zero economic profit and an equality of product ...
Página 422
... The process will continue until price and average total cost have again been equated and economic profit is gone. Entire market (A) MR (B) (0 P( Part A pictures 422 PART IV Markets for Resources The Role of Economic Profit.
... The process will continue until price and average total cost have again been equated and economic profit is gone. Entire market (A) MR (B) (0 P( Part A pictures 422 PART IV Markets for Resources The Role of Economic Profit.
Contenido
PARTI BASIC CONCEPTS | 1 |
Marginalist Thinking | 8 |
1a The Use of Graphs in Economics | 23 |
Derechos de autor | |
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alternative average total cost beef billion pounds bushels bushels/year buyers cancer screening capital resources chapter column Consider consumer surplus consumption corporate cost curves countries decrease demand line dollar economic profit economists elasticity of demand equal example export fall Figure firm's firms fixed cost gallons ginal given good's graph Ideas in History illustrates imports income increase indifference curve industry inputs isoquant Japanese labor market long-run lower mand marginal benefit marginal cost marginal physical product marginal revenue marginal utility market price maximize maximum ment million minimum monopoly nomic output own-price elasticity owners panel percent percentage perfectly competitive production possibilities frontier quantity demanded quantity supplied returns to scale rise scarcity sell sellers slope sources sumers supply line Table tariffs tion tive total revenue types U.S. government union units of steel variable cost wage workers zero