Market Equilibrium, Taxation and Market Dynamics

Autor:	W. J. M. Heijman
Rok vydání:	1998
Předmět:	Factor market Microeconomics Supply Market economy Demand curve Partial equilibrium Market clearing Market price Business Market microstructure Supply and demand
Zdroj:	The Economic Metabolism ISBN: 9789401061155
DOI:	10.1007/978-94-011-5038-5_4
Popis:	The collective supply function and the collective demand function together can provide a market equilibrium. Market equilibrium can be defined as a situation in which both consumers and producers are satisfied with price and quantity, so that demand equals supply. In the case of linear demand and supply functions, market equilibrium for good A can be determined as follows: {fy31-1}
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::debf103a984b7b459af22857cc458f04 https://doi.org/10.1007/978-94-011-5038-5_4 Zobrazit plný text záznamu