Managerial Economics Chap 3
•Télécharger en tant que PPT, PDF•
1 j'aime•3,020 vues
![[object Object],[object Object],[object Object],www.slideshare.net/themhk](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommandé
Contenu connexe
Tendances
Tendances (20)
En vedette
En vedette (20)
Similaire à Managerial Economics Chap 3
Similaire à Managerial Economics Chap 3 (17)
Plus de Institute of Management Studies UOP
Plus de Institute of Management Studies UOP (20)
Dernier
Dernier (20)
Managerial Economics Chap 3
- 1. Chapter 3 Demand Theory www.slideshare.net/themhk
- 3. www.slideshare.net/themhk Individual Consumer’s Demand Qd X = f(P X , I, P Y , T) quantity demanded of commodity X by an individual per time period price per unit of commodity X consumer’s income price of related (substitute or complementary) commodity tastes of the consumer Qd X = P X = I = P Y = T =
- 4. www.slideshare.net/themhk Qd X = f(P X , I, P Y , T) Qd X / P X < 0 Qd X / I > 0 if a good is normal Qd X / I < 0 if a good is inferior Qd X / P Y > 0 if X and Y are substitutes Qd X / P Y < 0 if X and Y are complements
- 7. www.slideshare.net/themhk Market Demand Function QD X = f(P X , N, I, P Y , T) quantity demanded of commodity X price per unit of commodity X number of consumers on the market consumer income price of related (substitute or complementary) commodity consumer tastes QD X = P X = N = I = P Y = T =
- 9. www.slideshare.net/themhk Q X = a 0 + a 1 P X + a 2 N + a 3 I + a 4 P Y + a 5 T P X Q X Intercept: a 0 + a 2 N + a 3 I + a 4 P Y + a 5 T Slope: Q X / P X = a 1
- 10. www.slideshare.net/themhk Linear Function Point Definition
- 13. www.slideshare.net/themhk P X Q X MR X
- 14. www.slideshare.net/themhk TR Q X MR<0 MR>0 MR=0
- 17. www.slideshare.net/themhk Linear Function Point Definition
- 18. www.slideshare.net/themhk Arc Definition Normal Good Inferior Good
- 19. www.slideshare.net/themhk Linear Function Point Definition
- 20. www.slideshare.net/themhk Arc Definition Substitutes Complements