Search Results
| Search type | Search syntax |
|---|---|
| Tags | [tag] |
| Exact | "words here" |
| Author |
user:1234 user:me (yours) |
| Score |
score:3 (3+) score:0 (none) |
| Answers |
answers:3 (3+) answers:0 (none) isaccepted:yes hasaccepted:no inquestion:1234 |
| Views | views:250 |
| Code | code:"if (foo != bar)" |
| Sections |
title:apples body:"apples oranges" |
| URL | url:"*.example.com" |
| Saves | in:saves |
| Status |
closed:yes duplicate:no migrated:no wiki:no |
| Types |
is:question is:answer |
| Exclude |
-[tag] -apples |
| For more details on advanced search visit our help page | |
Results tagged with microeconomics
Search options not deleted
user 12073
Microeconomics is a branch of economics that studies the market behavior of individual actors (usually firms and consumers) and the aggregation of their actions in different institutional frameworks (usually the market).
1
vote
Price elasticity of demand
Consider the demand function (i.e., your equation for the demand curve) $Q=D(p)$. Then, the price elasticity of demand is
$$\varepsilon = \frac{\partial Q}{\partial p} \frac{p}{Q} = \frac{p D'(p)}{D(p …
- 256
0
votes
Accepted
Majority Voting Game
NOTE: I assume that ties are solved randomly. So, if each voter casts a ballot for a different candidate, then each candidate gets elected with probability 1/3. So, each voter's expected payoff equals …
- 256
1
vote
Why min AC = min SRAC at the minima of AC curve?
@Giskard and @tdm have given you perfectly valid responses. I am not convinced that your question is perfectly clear.
Are you asking why only at $q_1$ (in your graph) an SRAC and AC are tangent at the …
- 256
0
votes
Two-sided market framework
More of a comment than a fully fledged answer. But my sense is that you should consider the effect of $P_i$ on $q_j$, as well (see Rochet and Tirole (2006, RAND)).
Minor notes:
the condition is $v_i …
- 256