#865550

#865550: The demand function is the function that relates the optimal choice—the quantities demanded—to the different values of prices and incomes.

The demand function is the function that relates the optimal choice—the quantities demanded—to the different values of prices and incomes.
Варианты ответа:
  • True
  • False

🔒 Ответ будет доступен после оплаты

Тематика: Микро- и макроэкономические основы рыночного ценообразования Теория отраслевых рынков Экономическая мысль дорыночной экономики
📚 Похожие вопросы по этой дисциплине
Quantity tax is a tax on the amount consumed of a good, like a gasoline tax of 15 cents per gallon. An income tax is just a tax on Expenses. The Cobb-Douglas consumer always spends a fixed fraction of his income on each good. The size of the fraction is determined by the exponent in the Cobb-Douglas function. An economic situation is … if there is no way to make some group of people better off without making some other group of people worse off. The concept of Pareto efficiency can be used to evaluate different ways of allocating resources. The basic procedure will be the same for each example: plot the indifference curves and inverse the budget line and find the point where the lowest indifference curve touches the budget line.