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Вопросы по дисциплине: Экономическая мысль дорыночной экономики Сбросить фильтр
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151 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
152 Studying how a choice responds to changes in the economic environment is known as comparative statics. Открыть
153 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
154 The income offer curve is also known as the income expansion path. Открыть
155 The movement from one equilibrium to another can take a substantial amount of …, and questions about how such movement takes place can be very interesting and important. Открыть
156 The Engel curve is a graph of the demand for one of the goods as a function of income, with all prices being held constant. Открыть
157 The market demand curve is simply the sum of the individual … curves. Открыть
158 The … price measures the price at which a consumer is just indifferent between purchasing or not purchasing a good. Открыть
159 The demand function measures quantity demanded as a function of price. The … demand function measures price as a function of quantity. A given demand curve can be described in either way. Открыть
160 The elasticity of demand measures the responsiveness of the quantity demanded to …. It is formally defined as the percent change in quantity divided by the percent change in price. Открыть