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Lecture Microeconomics (20/e): Chapter 14 - Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
The demand for resources, mainly labor, is concentrated on in this chapter. Resource prices and their implications on money income, cost minimization, resource allocation, and policies are examined. Then the resource demand curve is derived in purely competitive and imperfectly competitive markets. The optimal combination of resources and the least cost rule and profit maximization are looked at as well. The Last Word is about how ATMs have...
16 p hce 28/04/2016 403 2
Từ khóa: Lecture Microeconomics, Economic problem, Economic principles, Economic policies, Demand for resources, Marginal productivity theory
Lecture Understanding economics (2nd edition): Chapter 7 - Mark Lovewell, Khoa Nguyen
Chapter 7 - Wages, rent, interest, and profit. In this chapter you will consider how businesses choose the profit-maximizing amount of a resource they use when they are price-takers in the product markets in which they sell their products; look at the case where businesses are price-makers in their product markets and analyze the factors that change resource demand and affect the price elasticity of resource demand;...
34 p hce 28/04/2016 408 2
Từ khóa: Understanding economics, Lecture Understanding economics, Economic problem, Economic systems, Demand for resources, Competitive labour market
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