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Catégorie :Category: nCreator TI-Nspire
Auteur Author: hernanmartinez
Type : Classeur 3.0.1
Page(s) : 1
Taille Size: 2.81 Ko KB
Mis en ligne Uploaded: 24/02/2025 - 23:13:33
Uploadeur Uploader: hernanmartinez (Profil)
Téléchargements Downloads: 2
Visibilité Visibility: Archive publique
Shortlink : http://ti-pla.net/a4516548

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Fichier Nspire généré sur TI-Planet.org.

Compatible OS 3.0 et ultérieurs.

<<
Labor (humans, work); Land (natural resources); Capital (Tools, machines); Tech (skills/ideas) Opp cost = out of pocket for choice + benefits given up for next best, excludes sunk costs or costs that will happen anyway Interdependence principle - everything is connected, choices are not made in isolation. Positive economics (what it is). Normative (what it should be) ---------- Demand: price change is movement along curve (quantity demanded), when other factors it is shift in demand. Supply: price change is movement along curve (quantity supplied), when other factors it is shift in supply.quantity supplied is higher when price is higher. --------- steepness = elasticity, horizontal: perfectly elastic (quantity is responsive to ”price), vertical: perfectly inelastic (quantity is unchanged for ”price) Demand: ELASTIC = people change their habits when price changes (alternatives), INELASTIC = people keep buying almost same amount even when price changes Supply: ELASTIC = business increase/decrease supply/production when price changes, INELASTIC = businesses struggle or dont need to change supply/production when price changes. ----------- Midpoint formula = Q2-Q1/(Q2+Q1/2)*100% Price elasticity of demand = |%”Qx| / |%”Px|; >1 elastic, <1 inelastic Cross price elasticity of demand = |%”Qx| / |%”Py|; - Compliment, 0 independent (i drink coffee if price of tea goes up idc), + substitutes Income elasticity of demand = |%”Qx| / |%”W|; <0 inferior, 0<ew< 1 normal or necessity, >1 normal or luxury ---------- Tax: on sellers, mc increases (shift to right), buyer pay posted price, sellers get buyers price minus x. Buyers; mb decreases, demand curve shifts left, sellers get posted price, buyers pay sellers price plus tax. Subsidy: on sellers, mc decreases (shift to left), buyer pay posted price, sellers get buyers price plus subsidy. Buyers; mb increases, demand curve shifts right, sellers get posted price, buyers pay sellers price minus. Made with nCreator - tiplanet.org
>>

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