Microeconomics: Private and Public ChoiceDryden Press, 1992 - 656 páginas |
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Página 169
... firm to purchase the services of productive resources . CALCULATING ECONOMIC COSTS AND PROFITS Implicit Costs : The opportunity costs associated with a firm's use of resources that it owns . These costs do not involve a direct money ...
... firm to purchase the services of productive resources . CALCULATING ECONOMIC COSTS AND PROFITS Implicit Costs : The opportunity costs associated with a firm's use of resources that it owns . These costs do not involve a direct money ...
Página 171
... firm's profitability . Senior managers can be paid in part with shares of cor- porate stock that will encourage them to follow policies that maxi- mize the wealth holdings of all shareholders . Many firms have de- signed stock option ...
... firm's profitability . Senior managers can be paid in part with shares of cor- porate stock that will encourage them to follow policies that maxi- mize the wealth holdings of all shareholders . Many firms have de- signed stock option ...
Página 196
... firm's costs ? In the last chapter , we discovered that the firm's short - run marginal costs will eventually increase as the firm expands its output by working its fixed plant facilities more intensively . The law of diminishing ...
... firm's costs ? In the last chapter , we discovered that the firm's short - run marginal costs will eventually increase as the firm expands its output by working its fixed plant facilities more intensively . The law of diminishing ...
Contenido
PART | 1 |
Some Tools of the Economist | 29 |
Supply Demand and the Market Process | 51 |
Derechos de autor | |
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allocation amount assets automobiles average total cost benefits breadfruit buyers capital chapter consumers consumption countries current account decision-makers decisions decline deficit demand curve dollar earnings economic profit economists effects efficiency elasticity employees employment entrepreneurs example exchange rate Exhibit expand expenditures exports factors factors of production families firm's firms foreign foreign exchange market future gain growth higher price illustrates impact important incentive income increase indicates indifference curve individuals industry inflation interest rate investment isocost isoquant Japan labor long-run lower marginal cost marginal revenue marginal tax rates market price million monetary monopolistic competition monopoly nations oligopolistic opportunity cost output owners percent political pollution potential property rights purchase pure competition quantity demanded reduce regulation relative result rise sector sell sellers short run social Soviet Union substantially substitutes supply curve trade transfers U.S. dollars voters wage rates workers