INVENTORY MODELING Items in inventory in a store Items waiting to be shipped Employees in a firm Computer information in computer files Etc.
Supply and Demand Models Chapter 3,4. Laws of Supply and Demand.
Price Competition
Ideas for Increasing Rural Incomes: What Does the Theory Tell Us? Richard J. Sexton.
EXTENDING THE ANALYSIS OF AGGREGATE SUPPLY Chapter 35.
Under normal circumstances, there is a short-run tradeoff between inflation & unemployment Aggregate supply shocks can cause both higher inflation.
Ch09
Example (Transportation Problem)
Transnational Corporations The architects of globalisation! But why?
Price Competition Bertrand Model Assumptions Homogenous good both firms: C 1 = C 2 = $0 Consumers are willing to pay $10. The total number of consumers.
Aggregate Supply Krugman Section 4 Module 18. Definition AS is a schedule showing level of real domestic output available at each possible price level.
Transnational Corporations