Microeconomics: Private and Public ChoiceDryden Press, 1992 - 656 páginas |
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Página 37
... produce more of both , shifting the production possibilities curve outward . Or , the citizens of the economy might decide to give up some leisure for more of both goods . These factors aside , limited resources will constrain the ...
... produce more of both , shifting the production possibilities curve outward . Or , the citizens of the economy might decide to give up some leisure for more of both goods . These factors aside , limited resources will constrain the ...
Página 38
Private and Public Choice James D. Gwartney, Richard Stroup. SHIFTING THE PRODUCTION POSSIBILITIES CURVE OUTWARD Capital Formation : The production of buildings , machinery , tools , and other equipment that will enhance the ability of ...
Private and Public Choice James D. Gwartney, Richard Stroup. SHIFTING THE PRODUCTION POSSIBILITIES CURVE OUTWARD Capital Formation : The production of buildings , machinery , tools , and other equipment that will enhance the ability of ...
Página 350
... PRODUCTION , CAPITAL , AND TIME Roundabout Method of Production : The use of productive effort to make tools and other capital assets , which are then used to produce the desired consumer good . THE ROLE OF TIME IN PRODUCTION AND ...
... PRODUCTION , CAPITAL , AND TIME Roundabout Method of Production : The use of productive effort to make tools and other capital assets , which are then used to produce the desired consumer good . THE ROLE OF TIME IN PRODUCTION AND ...
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