Consumers,producers and efficiency of markets

Февраль 11, 2021

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Consumers,producers and efficiency of markets

Содержание

2. Table 1 Four Possible Buyers’ Willingness to Pay Copyright © 2011 Cengage Learning
3. Figure 1 The Demand Schedule and the Demand Curve (1) Copyright © 2011 Cengage Learning
4. Figure 1 The Demand Schedule and the Demand Curve (2) Price of album 0 Quantity of
5. Figure 2 Measuring Consumer Surplus with the Demand Curve (1) (a) Price = €80 Price of
6. Figure 2 Measuring Consumer Surplus with the Demand Curve (2) (b) Price = €70 Price of
7. Figure 3 How the Price Affects Consumer Surplus (1) Quantity (a) Consumer surplus at price P
8. Figure 3 How the Price Affects Consumer Surplus (2) Quantity (b) Consumer surplus at price P
9. Table 2 The Costs of Four Possible Sellers Copyright © 2011 Cengage Learning
10. Figure 4 The Supply Schedule and the Supply Curve (1) Copyright © 2011 Cengage Learning
11. Figure 4 The Supply Schedule and the Supply Curve (2) Copyright © 2011 Cengage Learning
12. Figure 5 Measuring Producer Surplus with the Supply Curve (1) Quantity of houses painted Price of
13. Figure 5 Measuring Producer Surplus with the Supply Curve (2) Quantity of houses painted Price of
14. Figure 6 How the Price Affects Producer Surplus (1) Quantity (a) Producer surplus at price P
15. Figure 6 How the Price Affects Producer Surplus (2) Quantity (b) Producer surplus at price P
16. Figure 7 The Effect of a Subsidy on the Price of Gasoline
17. Figure 8 Consumer and Producer Surplus in the Market Equilibrium Price 0 Quantity Copyright © 2011
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Слайд 2

Table 1 Four Possible Buyers’ Willingness to Pay
Copyright © 2011 Cengage Learning

Слайд 3

Figure 1 The Demand Schedule and the Demand Curve (1)
Copyright © 2011

Cengage Learning

Слайд 4

Figure 1 The Demand Schedule and the Demand Curve (2)
Price of
album
0
Quantity of
albums
1
2
3
4
Copyright

Слайд 5

Figure 2 Measuring Consumer Surplus with the Demand Curve (1)
(a) Price =

€80

Price of

album

€100

Quantity of

albums

Слайд 6

Figure 2 Measuring Consumer Surplus with the Demand Curve (2)
(b) Price =

€70

Price of

album

€100

Quantity of

albums

Слайд 7

Figure 3 How the Price Affects Consumer Surplus (1)
Quantity
(a) Consumer surplus at

price

Price

Слайд 8

Figure 3 How the Price Affects Consumer Surplus (2)
Quantity
(b) Consumer surplus at

price

Price

Слайд 9

Table 2 The Costs of Four Possible Sellers
Copyright © 2011 Cengage Learning

Слайд 10

Figure 4 The Supply Schedule and the Supply Curve (1)
Copyright © 2011

Cengage Learning

Слайд 11

Figure 4 The Supply Schedule and the Supply Curve (2)
Copyright © 2011

Cengage Learning

Слайд 12

Figure 5 Measuring Producer Surplus with the Supply Curve (1)
Quantity of
houses painted
Price

house

painting

500

800

€900

600

(a) Price = €600

’

Слайд 13

Figure 5 Measuring Producer Surplus with the Supply Curve (2)
Quantity of
houses painted
Price

house

painting

500

800

€900

600

(b) Price = €800

’

Nana’s producer

surplus (€300)

Слайд 14

Figure 6 How the Price Affects Producer Surplus (1)
Quantity
(a) Producer surplus at

price

Price

Слайд 15

Figure 6 How the Price Affects Producer Surplus (2)
Quantity
(b) Producer surplus at

price

Price

Supply

Initial

producer

surplus

Слайд 16

Figure 7 The Effect of a Subsidy on the Price of Gasoline

Слайд 17

Figure 8 Consumer and Producer Surplus in the Market Equilibrium Price 0

Cengage Learning

Consumers,producers and efficiency of markets

Содержание

Table 1 Four Possible Buyers’ Willingness to PayCopyright © 2011 Cengage Learning

Figure 1 The Demand Schedule and the Demand Curve (1)Copyright © 2011

Figure 1 The Demand Schedule and the Demand Curve (2)Price ofalbum0Quantity ofalbums1234Copyright

Figure 2 Measuring Consumer Surplus with the Demand Curve (1)(a) Price =

Figure 2 Measuring Consumer Surplus with the Demand Curve (2)(b) Price =

Figure 3 How the Price Affects Consumer Surplus (1)Quantity(a) Consumer surplus at

Figure 3 How the Price Affects Consumer Surplus (2)Quantity(b) Consumer surplus at

Table 2 The Costs of Four Possible SellersCopyright © 2011 Cengage Learning

Figure 4 The Supply Schedule and the Supply Curve (1)Copyright © 2011

Figure 4 The Supply Schedule and the Supply Curve (2)Copyright © 2011

Figure 5 Measuring Producer Surplus with the Supply Curve (1)Quantity ofhouses paintedPrice

Figure 5 Measuring Producer Surplus with the Supply Curve (2)Quantity ofhouses paintedPrice

Figure 6 How the Price Affects Producer Surplus (1)Quantity(a) Producer surplus at

Figure 6 How the Price Affects Producer Surplus (2)Quantity(b) Producer surplus at

Figure 7 The Effect of a Subsidy on the Price of Gasoline

Figure 8 Consumer and Producer Surplus in the Market EquilibriumPrice0QuantityCopyright © 2011

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Table 1 Four Possible Buyers’ Willingness to Pay
Copyright © 2011 Cengage Learning

Figure 1 The Demand Schedule and the Demand Curve (1)
Copyright © 2011

Figure 1 The Demand Schedule and the Demand Curve (2)
Price of
album
0
Quantity of
albums
1
2
3
4
Copyright

Figure 2 Measuring Consumer Surplus with the Demand Curve (1)
(a) Price =

Figure 2 Measuring Consumer Surplus with the Demand Curve (2)
(b) Price =

Figure 3 How the Price Affects Consumer Surplus (1)
Quantity
(a) Consumer surplus at

Figure 3 How the Price Affects Consumer Surplus (2)
Quantity
(b) Consumer surplus at

Table 2 The Costs of Four Possible Sellers
Copyright © 2011 Cengage Learning

Figure 4 The Supply Schedule and the Supply Curve (1)
Copyright © 2011

Figure 4 The Supply Schedule and the Supply Curve (2)
Copyright © 2011

Figure 5 Measuring Producer Surplus with the Supply Curve (1)
Quantity of
houses painted
Price

Figure 5 Measuring Producer Surplus with the Supply Curve (2)
Quantity of
houses painted
Price

Figure 6 How the Price Affects Producer Surplus (1)
Quantity
(a) Producer surplus at

Figure 6 How the Price Affects Producer Surplus (2)
Quantity
(b) Producer surplus at

Figure 8 Consumer and Producer Surplus in the Market Equilibrium
Price
0
Quantity
Copyright © 2011