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日期:2024-05-10
Economic surplus is the difference between the reservation price (highest price one is willing to pay) and the marginal cost of a good. Total economic surplus is the sum of total consumer surplus and total economic profit....
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日期:2024-05-08
For a perfectly competitive firm, marginal revenue is equal to price and average
revenue, all three of which are constant. For a monopoly, monopolistically ......
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日期:2024-05-10
For a perfectly competitive firm, marginal revenue is equal to price and average
revenue, all three of which are constant. For a monopoly, monopolistically ......
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日期:2024-05-08
The marginal revenue "curve" is a streight, horizontal line that corisponds to the
equilibrium price that is determined by the market. To see that P = MR, ......
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日期:2024-05-07
2014年9月5日
Plotting the marginal revenue curve for a monopolist. ... The MR-curve is the expected revenue ......
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日期:2024-05-11
At first glance, you might assume that marginal revenue is simply the price of the
product: If your product sells for $5, for example, it would appear you'd get $5 ......
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日期:2024-05-11
therefore, you can not raise the marginal revenue without raising the price and
you cannot raise the price because the firm runs the risk of selling nothing ......