MicroeconomicsD.C. Heath, 1992 M06 1 - 572 páginas |
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Página 257
... perfectly competitive firm, like any firm, seeks to maximize the difference between total revenue and total cost and thus to earn the largest possible profit. In order to understand a perfectly competitive firm's behavior, we must focus ...
... perfectly competitive firm, like any firm, seeks to maximize the difference between total revenue and total cost and thus to earn the largest possible profit. In order to understand a perfectly competitive firm's behavior, we must focus ...
Página 271
... competitive firm, the rising arm of the marginal cost curve, above the minimum level of average variable cost (here atZ) is, in fact, the firm's short-run supply. It ... perfectly. CHAPTER 10 Perfect Competition 271 A Long-Run Perspective.
... competitive firm, the rising arm of the marginal cost curve, above the minimum level of average variable cost (here atZ) is, in fact, the firm's short-run supply. It ... perfectly. CHAPTER 10 Perfect Competition 271 A Long-Run Perspective.
Página 369
... Perfectly competitive sellers of labor confront a single buyer for whom they have no good substitute because the entry of other such buyers into the market is blocked or highly unlikely — a monopsony. The monopsonistic buyer may sell ...
... Perfectly competitive sellers of labor confront a single buyer for whom they have no good substitute because the entry of other such buyers into the market is blocked or highly unlikely — a monopsony. The monopsonistic buyer may sell ...
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