The marginal cost schedule of a company in a perfectly competitive market determines its supply function. B正确。在完全竞争市场中,公司必须接受市场决定的任何价格。完全竞争市场中企业的边际成本决定了企业的供给函数。 除了perfect competition 其他都没有可以
Why is there no market supply curve under a monopoly? Monopoly in an Economy: There are various kinds of competitions which may exist for a given product or service depending upon the number of suppliers or producers. Some of the examples of these competitions are monopolistic competition, perfec...
Explain why the demand curve facing a monopolist is less elastic than one facing a firm that operates in a monopolistic-ally competitive market (all other factors held constant)? What is the difference between monopsony and monopolistic ...
The producers’ first-order conditions give rise to a New Keynesian Phillips curve in producer price inflation, with the latter defined as ≔ΠG,t≔PG,t/PG,t−1. This curve is given by the following expression: ɛɛɛΠG,t(ΠG,t−1)=ɛψΛtpG,t−(1+τy)(ɛ−1...
Chapter13ShortRunAggregateSupplyCurve-…
Supply Curve Thesupply curveis a graphic representation of the relationship between the cost of an item and the quantity the market will supply at that cost. All else being equal, the supply curve is upward sloping in that as the price (y-axis) of a good increases, more market participants...
在完全竞争情况下,demand curve是三线合一MR=AR=P 在不完全竞争(monopolistic competition/oligopoly/monopoly) MR和demand curve不重合,在纵截距上一样,横截距一半(一阶求导) 当MR=0时,total revenue 最大 Marginal cost(MR) 在讨论成本时,需要分长短期 ...
Inthischapter,weassumemarketisPerfectCompetition.Monopoly,Oligopoly,MonopolisticCompetition Lesson1Demand 1.definition2.DemandSchedule3.DemandCurve4.LawofDemand5.ChangeinQuantityDemandedversusChangeinDemand6.MarketDemand 1.definition Quantitydemandedistheamountofagoodthatbuyersare willingandabletopurchase.2.Demand...
Real and virtual supply curvemonopolistic competitionprice discriminationacceleration of demandoverproductionThe article presents an analysis of the developer sector, which takes into account the ob-served functioning of the market. The analysis is based on the assumption that the housing developer, due ...
微观经济学第22章-firm-supply厂商供给(范里安)