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Вопросы по дисциплине: Теория отраслевых рынков Сбросить фильтр
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341 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. Открыть
342 The consumer’s … function for a good will in general depend on the prices of all goods and income. Открыть
343 A … good is one for which the demand increases when income increases. An inferior good is one for which the demand decreases when income increases. Открыть
344 An ordinary good is one for which the demand … when its price increases. A Giffen good is one for which the demand increases when its price increases. Открыть
345 If the demand for good 1 … when the price of good 2 increases, then good 1 is a substitute for good 2. If the demand for good 1 decreases in this situation, then it is a complement for good 2. Открыть
346 The inverse demand function measures the price at which a given quantity will be demanded. The … of the demand curve at a given level of consumption measures the marginal willingness to pay for an additional unit of the good at that consumption level. Открыть
347 The consumer’s demand functions give the optimal amounts of each of the goods as a function of the prices and income faced by the consumer. Открыть
348 Studying how a choice responds to changes in the economic environment is known as comparative statics. Открыть
349 We would normally think that the demand for each good would increase when income increases. Economists, with a singular lack of imagination, call such goods normal goods. Открыть
350 The income offer curve is also known as the income expansion path. Открыть