Plaanid puhkusele minna? Võta endale majutus AirBnb kaudu ja saad 37€ kontoraha Tee konto Sulge
Facebook Like

Demand and Supply (0)

1 Hindamata
Punktid
 
Säutsu twitteris
MARKET
Market system is an interrelated set of markets for goods , services and inputs.
A market is defined as the interaction of all potential buyers and sellers of a good or class of goods that are close substitutes .
  • The markets provide information to agents that may be used to identify and evaluate alternative choices that might be used to achieve objectives.
  • Each agent acting in a market has incentives to react to the information provided.
  • Given the information and incentives, agents within markets can adjust to changes .

The process of market adjustment can be visualized as changes in demand and/or supply .

Markets include all “potential buyers and sellers”
    • behavior of buyers is represented by “ demand ” (benefits side of model)
    • behavior of sellers is represented by “supply” ( cost side of model)

Definition: “A schedule of the quantities of a good that buyers are willing and able to purchase at each possible price during a period of time, other things held constant
  • Demand can also be perceived as a schedule of the maximum prices buyers are willing and able to pay for each unit of a good.


Market demand
The market demand function is the horizontal summation of the individuals' demand functions .
In models of firm behavior, the demand for a firm's product can be constructed
DEMAND DETERMINANTS
80% sisust ei kuvatud. Kogu dokumendi sisu näed kui laed faili alla
Vasakule Paremale
Demand and Supply #1 Demand and Supply #2 Demand and Supply #3 Demand and Supply #4 Demand and Supply #5 Demand and Supply #6 Demand and Supply #7
Punktid 50 punkti Autor soovib selle materjali allalaadimise eest saada 50 punkti.
Leheküljed ~ 7 lehte Lehekülgede arv dokumendis
Aeg2011-11-30 Kuupäev, millal dokument üles laeti
Allalaadimisi 12 laadimist Kokku alla laetud
Kommentaarid 0 arvamust Teiste kasutajate poolt lisatud kommentaarid
Autor meeryke Õppematerjali autor

Lisainfo


Meedia

Kommentaarid (0)

Kommentaarid sellele materjalile puuduvad. Ole esimene ja kommenteeri


Sarnased materjalid

5
docx
Monopoly
7
docx
The cost of production
7
docx
Pure Competition
5
docx
Monopolistic competition
3
docx
Introduction to macroeconomics
548
pdf
Cialdini raamat
904
pdf
Christopher Vogler The Writers Journey
946
pdf
TheCodeBreakers



Faili allalaadimiseks, pead sisse logima
Kasutajanimi / Email
Parool

Unustasid parooli?

UUTELE LIITUJATELE KONTO MOBIILIGA AKTIVEERIMISEL +50 PUNKTI !
Pole kasutajat?

Tee tasuta konto

Sellel veebilehel kasutatakse küpsiseid. Kasutamist jätkates nõustute küpsiste ja veebilehe üldtingimustega Nõustun