Teine kodutöö aines Mikroökonoomika II (0)

Sarnased õppematerjalid

7

docx

Pure Competition

Pure Competition Competition The word "competition" may be used in two ways: ­ rivalry ­ (synonym; opposition, antagonism) ­ structural competition or "pure competition" The main characteristics of competition: 1. Number of firms 2. Type of product 3. Control over price 4. Conditions of entry 5. Nonprice competition 6. Information flow Pure Competition · Involves very large numbers of sellers and buyers. · Firms producing identical or homogeneous products. · Standardized product (a product identical to that of other producers). (ex. corn or cucumbers). · Free Entry and Exit: no significant legal, technological, financial, or other obstacles prohibiting new firms from selling their output in any competitive market No control over the price: "Price Takers" (

Micro_macro ökonoomika

7

doc

Demand and Supply

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 ­ geographic boundaries of market ­ markets defined by nature of product and characteristics of buyers ­ conditions of entry into market ­ markets, competition and substitutes Markets include all "

Micro_macro ökonoomika

5

docx

Monopolistic competition

Monopolistic Competition Market Power Firms in monopolistic competition or imperfectly competitive markets are more likely to have limited market power because there are many firms with differentiated products (there are substitutes) and there is relative ease of entry and exit into the market Market Power among Sellers · Monopolistic competition - a market with a large number of sellers and relatively free entry; each firm "differentiates" its product. · Oligopoly - a market characterized by significant barriers to entry and "a few "sellers who recognize their interdependence in the market; products may be homogeneous or differentiated. Monopolistic Competition · Large number of sellers · relative ease of exit / entry · products are differentiated ­ actual differentiation ­ pe

Micro_macro ökonoomika

13

docx

Inglise keele majandussõnastik

..............................................turundusmeetmestik 295. Marketing strategy ­ .........................................turundusstrateegia 296. Marketplace clutter ­......................................... turusegadus 297. Markup ­ ..........................................................hinnakõrgend 298. Merger ­ ...........................................................ettevõttete liitumine 299. Microeconomics ­............................................. mikroökonoomika 300. Minister of economics affairs ­ ........................majandusminister 301. Minumum wage ­.............................................. miinimumtasu 302. Monetary union ­ .............................................rahaliit 303. Money ­............................................................. raha 304. Money supply ­ ................................................raha pakkumine 305. Monopolistic competition ­ ..............................monopolistlik konkurents 306

Inglise keel

9

doc

Report: The Free Rider Problem

Tartu Secondary School of Business The Free Rider Problem Airo Kõrgesaar Form B  Tartu 2009 Content Content 2 The Political Problem 3 The Example 4 Solution and Problems 5 The Main Economical Problem 6-8 Free riding Problem on Public Transport 9 References 10 2  The Political Problem A common example of a free rider problem is defense spending: no one person can be excluded from being defended by a state's military forces, and thoes free riders may refuse or avoid paying for being defended, even though they a

Inglise keel

106

pdf

Business peciliarities in Ukraine and Bealrus

TRADERUN MOODUL TRADERUN MODULE BUSINESS PECULIARITIES IN THE EU, RUSSIA AND EASTERN PARTNERSHIP COUNTRIES ÄRI ERIPÄRAD EUROOPA LIIDUS, VENEMAAL JA IDAPARTNERLUSRIIKIDES Lecturers: Ryhor Nizhnikau (responsible) Giorgi Gaganidze, Sergei Proskura, Andres Assor P2EC.00.202 (UT code), RIE 7044 (TLU code) Reading materials: Business peculiarities in Ukraine and Belarus Lugemismatejal: Äri eripärad Ukrainas ja Valgenenes Created by Andres Assor Tartu 2013 TABLE OF CONTENTS INTRODUCTION ................................................................................................................... 4 1. UKRAINE ...................................................................................................................... 5 1.1. General information .......

Inglise keel

409

pdf

Fitness In Soccer

[email protected] 06 Aug 2018 FITNESS IN SOCCER THE SCIENCE AND PRACTICAL APPLICATION Jan Van Winckel, Werner Helsen, Kenny McMillan, David Tenney, Jean-Pierre Meert, Paul Bradley [email protected] 06 Aug 2018 Isbn-number : 9789082132304 Publisher: Moveo Ergo Sum / Klein-Gelmen Proofreading: Jim Newall Quill Content |Writing, Editing and Web site services http://www.quillsites.co.uk Photos: Jean Leemans and Etienne Claessens Cover and lay-out: Dots & Bits © 2014 Jan Van Winckel Printed and bound at Manipal Technologies Ltd., India All rights reserved. No pa

Kategoriseerimata

7

docx

The cost of production

The costs of production Production Decisions about production require individual agents to make decisions about the allocation and use of physical inputs. · Objectives of agents, technology, availability and quality of inputs determine the nature of these decisions. Since the objectives are often pecuniary, it is often necessary to relate the decisions about the physical units of inputs and outputs to the costs of production. · If the prices of the inputs and the production relationships are known (or understood), it is possible to calculate or estimate all the cost relationships for each level of output. In practice

Micro_macro ökonoomika

Kommentaarid (0)