百度试题 题目中国大学MOOC: Microeconomics is often called 相关知识点: 试题来源: 解析 price theory.反馈 收藏
Economics is divided either by subject matter or by the primary method used for study. The subject matter of economics is often divided into the areas ofmicroeconomics, the study of the behavior of individual agents, andmacroeconomics, the study of the behavior of aggregate units. The vast major...
Economists measure the degree of responsiveness in demand for a commodity to price changes by using the concept of the price elasticity of demand, which is also called the elasticity of demand or just demand elasticity. Economists define this concept as: ...
So along a given isoquant, q is fixed. Each of those isoquants is a different level of q, but they show how you can vary k and l to get the same amount of q. The slope of the isoquant is called the marginal rate of technical substitution—the rate at which you can substitute ...
Another approach to measuring industry concentration that can distinguish between these two cases is called the Herfindahl-Hirschman Index (HHI). The HHI, as it is often called, is calculated by summing the squares of the market share of each firm in the industry. Calculating HHI Step 1. Calcu...
Economics is a social science that studies how resources are used and is often concerned with how resources can be used to their fullest potential. Land 的分类 Tangible / Intangible intangible: air, smog, ... Renewable / Non-renewable
It is also known as price theory. Who is the father of Microeconomics? Adam Smith is often regarded as the father of Macroeconomics. He is also regarded as the father of Economics. What are three main concepts of Microeconomics? The three important concepts are:Elasticity of SupplyMarginal ...
The point at which marginal revenue and marginal cost intersect is often called marginal equilibrium. It is the point at which total company profit is maximized, even if unit profit is not at its highest. In more simple terms using the pizza example above, you should continue to consume pizza...
Naturally, ECON 201 is intended as a progression from BSNS104 ECON 112, and therefore students are expected to have at least a working knowledge of introductory microeconomics, although this material will be revised along the way (especially in the first couple of weeks). How does ECON 201 ...
B the former is a movement along the curve and the latter is a shift of the curve. C both are shifts of the supply curve. D both are movements along the curve. 2.3 Quick Quiz 第1题 Adam Smith’s “invisible hand” refers to ( ) A the subtle and often hidden methods that ...