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(Chap1)
(Chap1)
The circular-flow
diagram has 2 loop: one
is money and one is
input-output process
(Chap1)
(Chap 2)
(Chap 2)
p1
q2 q1
Đường nào càng
inelastic thì chịu thuế
càng nặng
Convex (Lõm vào
trong)
Mux = 50
Muy = 25 𝑀𝑈𝑥 𝑃𝑥
Py = 10 Want to max total utility => =
➔ Px = 20
𝑀𝑈𝑦 𝑃𝑦
Total
surplus is
the area
of this
triangle
surplus
8$
20 80
Chi phí kế toán (Accounting cost)
∆𝑸
MPL=Q’(L)=
∆𝑳
Demand curve of firm
P