This kind of an exercise is known as comparative statics, because it involves comparing two static equilibria without worrying about how the market moves from one equilibrium to another. 市场从一个均衡移动到另一个均衡是一个很漫长的过程,其市场均衡移动的原因也是较为复杂与深入的,因此我们先暂时忽略这...
If the actual price is higher than the market equilibrium price , consumer goods consumption and purchasing power declined , the buyer is difficult to be met, reduced demand caused prices to rise so that sellers tend to spontaneous market equilibrium price adjustments , if 翻译结果2复制译文编辑译...
A. quantity demanded Hill exceed quantity supplied, resulting in a shortage. B. quantity demanded Hill exceed quantity supplied, resulting in a surplus. C. quantity supplied will exceed quantity demanded, resulting in a shortage. D. quantity supplied will exceed quantity demanded, resulting in a ...
A year later, wefindthatthe market equilibriumprice has fallen to €1.50. ParaCrawl Corpus We introduce the price-setting curve tofind thelabourmarket equilibrium. ParaCrawl Corpus In particular, reference should be made on that point to what emerges fromtheavailable evidence concerningthemeeting of ...
The new demand curve D1D1intersects the SPSC at OP2price. Now, the quantity supplied is OM1. The new short-run equilibrium price becomes OP2, which is higher than the initial market price OP, but it is not as high as the second market period price OP1. The short-...
A note on the CAPM with endogenously consistent market returns I demonstrate that with the market return determined by the equilibrium returns of the CAPM, expected returns of an asset are affected by the risks of all assets jointly. Another implication is that the range of feasible market return...
market demand: the sum of all the individual demands for a particular good or service. 市场需求:所有个人对某种特定物品或服务的需求的总和。 The market demand curve shows how the total quantity demanded of a good varies as the price of the good varies, while all the other factors that affect...
At the equilibrium price for a product, the ___ A.firms in the market are maximizing their total revenue.B.consumers in the market have spent all of their income.C.firms in the market are maximizing their total output.D.firms in the market are just breaking even.E.quantity...
A. consumer surplus would necessarily increase even if the lower price resulted in a shortage of widgets. B. consumer surplus would necessarily decrease because the lower price would create a shortage of widgets C. consumer surplus might increase or decrease. D. consumer surplus would be unaffected...
The point where supply and demand curves intersect represents the market clearing or market equilibrium price. An increase in demand shifts the demand curve to the right. The two curves then intersect at a higher price, which means consumers are willing to pay more for the product. Equilibriump...