
Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
النسخة 12الرقم المعياري الدولي: 978-1133189022
Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
النسخة 12الرقم المعياري الدولي: 978-1133189022 تمرين 3
A fall in the price of an input induces a profitmaximizing firm to experience both substitution and output effects that cause it to hire more of that input. Explain how the profit-maximizing assumption is used in explaining the direction of each of these effects. Did you have to use the assumption that the input is not inferior in your analysis? Do you think a similar statement can be made about inferior inputs?
التوضيح
The fall in the price of an input induce...
Intermediate Microeconomics and Its Application 12th Edition by Walter Nicholson,Christopher Snyder
لماذا لم يعجبك هذا التمرين؟
أخرى 8 أحرف كحد أدنى و 255 حرفاً كحد أقصى
حرف 255