Whereas, in the landscape of monopolistic competition, there isn't a clear-cut supply blueprint. To decide on the right production volume, firms rely on the point where MC intersects with MR. Still, the pricing strategy is anchored to the market's demand curve. Ideally, the company's suppl...
Why is the demand curve in monopoly downward sloping? Why is the demand curve negatively sloped under a monopoly? Explain why the marginal cost curve is equal to the supply curve for a monopoly. Why is there no supply curve in the market when a firm has any sort of market power? Give ...
当MC=MR时,profit maximum ; loss minimum 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 short run:cap...
1. A monopoly that can perfectly price discriminate has a marginal revenue curve that is _ the demand curve for the good that the monopoly produces. If a monopoly can perfectly price discriminate, it What can, in general, be said ab...
除了perfect competition 其他都没有可以确定地supply curve吗 Hello,亲爱的同学~ 同学理解正确。 只有完全竞争市场,供应曲线是可以well-defined的。 这里的well-defined是指可以由数学家通过公式来计算出来。 其他类型的市场,都带有一些厂商的主观意志。 厂商主观意志会影响到供应曲线,不会完全遵循数学公式。 ---就算...
SIXTHEDITION N.GREGORYMANKIW PowerPoint®SlidesbyRonCronovich ©2007WorthPublishers,allrightsreserved Inthischapter,youwilllearn…threemodelsofaggregatesupplyinwhich outputdependspositivelyonthepricelevelintheshortrun abouttheshort-runtradeoffbetweeninflation andunemploymentknownasthePhillipscurve CHAPTER13 A...
微观经济学第22章-firm-supply厂商供给(范里安)
curve. One possibility would be to ask them to draw a graph of the PC curve, then show what happens to it in the face of an adverse supply shock or an increase in the natural rate of unemployment, giving intuition for each. The intuition for why an increase in the natural rate shifts...
The market supply curve depicts the output levels that enterprises in the marketplace manufacture in average corresponding to distinct values of the market cost price. Explore the meaning of Market Supply Curve at BYJU'S.
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...