MicroeconomicsD.C. Heath, 1992 M06 1 - 572 páginas |
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Página 141
Heinz Kohler. FIGURE 6 A Consumer's Indifference Curve FIGURE 8 The Diminishing Marginal Rate of Substitution 0 Qb. • E • F A consumer's indifference curve, such as A, shows all the alternative quantity combinations of two goods, such as ...
Heinz Kohler. FIGURE 6 A Consumer's Indifference Curve FIGURE 8 The Diminishing Marginal Rate of Substitution 0 Qb. • E • F A consumer's indifference curve, such as A, shows all the alternative quantity combinations of two goods, such as ...
Página 142
... indifference curve) will be indifferent about this procedure only if equal successive quantity increases of one good are paid for by ever smaller quantity decreases of the other good. The rate at which a consumer is able to sacrifice ...
... indifference curve) will be indifferent about this procedure only if equal successive quantity increases of one good are paid for by ever smaller quantity decreases of the other good. The rate at which a consumer is able to sacrifice ...
Página 144
... indifference curves (panel b). Intersecting curves (panel a) violate the assumption that consumers make noncontradictory choices. field of choice indifference curve ELASTICITY 10 FIGURE 1 Elasticity. FIGURE 9 A Consumer's Preferences (a) ...
... indifference curves (panel b). Intersecting curves (panel a) violate the assumption that consumers make noncontradictory choices. field of choice indifference curve ELASTICITY 10 FIGURE 1 Elasticity. FIGURE 9 A Consumer's Preferences (a) ...
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