Tài liệu Khối Ngành Kinh Tế

The demand curve illustrates the effect of changes in the price of the good on quantity demanded holding all other factors (income, prices of other goods) constant Changes in factors other than the price of the good itself lead to shifts in the demand curve

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Health as a consumer durable good: Utility = U (X, Health) X represents “other goods and services” H is a stock -- every action will affect health On its own or combined with other goods and services, the stock of H generates a flow of services that yield satisfaction=utility

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Individuals make decisions everyday that reflect how they value health and mortality risks. Driving a car Smoking a cigarette Eating a medium-rare hamburger Note: These slides draw from material in Viscusi WP and Aldy JE, “The Value of a Statistical Life: A Critical Review of Market Estimates Throughout the World,” The Journal of Risk and Uncer...

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Classifying markets number of firms freedom of entry to industry nature of product nature of demand curve The four market structures perfect competition monopoly monopolistic competition oligopoly Structure  conduct  performance

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Long-run average costs assumptions behind the curve factor prices are give state of technology and factor quality are given firms choose least-cost combination of factors shape of the LRAC curve a typical LRAC curve

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Conversely, if the price elasticity of supply is small and the price elasticity of demand is large, then the firm is unable to raise the price because the consumer will switch to another firm or product Incidence is the measure of who actually pays for a cost increase or a tax. In general, the more elastic the demand and the less elastic the ...

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When demand does not respond at all to a change in price, demand is perfectly inelastic. E= zero Demand is perfectly elastic when quantity demanded drops to zero at the slightest increase in price. E= infinity

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Individual Demand; these are the various quantities of goods and services individuals are willing and able to buy at various prices over a period of time. Market Demand; this is the sum or total of various quantities of goods and services all consumers in the market willing and able to buy at various prices over a period of time.

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The production possibility curve what the curve shows microeconomics and the production possibility curve: choices and opportunity cost increasing opportunity cost macroeconomics and the production possibility curve: production within the curve shifts in the curve

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Coefficients cho ta thấy mức độ ảnh hưởng tới biến phụ thuộc Y của biến độc lập này mạnh hơn mức độ ảnh hưởng của biến độc lập khác. Từ bảng trên ta thấy hệ số hồi quy đã chuẩn hóa S.Coefficient của X2 > X3 > X1, có nghĩa là tiền lương nhân viên tiếp thị (X2i) ảnh hưởng tới doanh thu trung bình (Y ̂i) của một doanh nghiệp nhiều nhất, sau đó là tới ...

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