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The analysis takes into account the issue of production of n consumer goods whose destination is either the mass of workers who have contributed to them or third parties such as social categories, the directly unproductive or abroad. In the analysis, we considered, for simplicity, utility and...
Persistent link: https://www.econbiz.de/10010614599
In this paper we analyzed the main aspects of oligopoly, in the case of n firms. The analysis has made, as a rule, for arbitrary marginal costs, each time, however, by considering these costs constant recovering well known results of the models presented: the Stackelberg model, the case of more...
Persistent link: https://www.econbiz.de/10010614606
The analysis allowed the determination in general of the consumer’s surplus or of the manufacturer’s surpluss in the case of monopoly and the determination of the allocative inefficiency in relation to the situation of perfect competition. Also, we broached the price discrimination of third...
Persistent link: https://www.econbiz.de/10010614609
According to the economic theories, crises does not follow a general model, each of them, presenting unique aspects, representing actually an accident, generated by specific factors, at a certain socio-economic and political situation. Like a classification of the crisis we can specify: the...
Persistent link: https://www.econbiz.de/10010614611
Analyzing the evolution of emerging economies, with their openness to foreign investments and increasing country risk, there is in the same time a high degree of international spread of crises. Unsustainable macroeconomic policies, the fragile financial system and disorderly capital account...
Persistent link: https://www.econbiz.de/10010554696
In the consumer’s theory, a crucial problem is to determine the substitution effect and the revenue effect in the case of one good price’s modifing. There exists two theories due to John Richard Hicks and Eugen Slutsky which allocates differents shares of the total change of the consumption...
Persistent link: https://www.econbiz.de/10008800380
The paper treats a number of aspects of economic errors made in the management of Romanian economy that favored economic crisis. It identifing an excessive propensity to consume of population, an economic growth which has not led to improved openness of the Romanian economy, a pronounced...
Persistent link: https://www.econbiz.de/10010659071
In this paper, we have investigated the dependence of consumer demand for the disposable income of statistical terms. After the regression analysis, we obtained that, in the case of Romania, there is a huge marginal propensity to consume – 74.11% relative to the disposable income. Also, an...
Persistent link: https://www.econbiz.de/10010659087
The model presented in this article is an adaptation of the IS-LM model for an open economy in which both the static aspects and dynamic ones are approached. Also, based on the model built, it is determined the level of potential GDP and the natural unemployment rate. The determination of...
Persistent link: https://www.econbiz.de/10010659095
The article treats the reduction of quadratic forms to the normal form by Gauss's method taking in discussing various determinants whose behavior will determine its nature. Applications of this method are illustrated for the most common production functions: Cobb-Douglas and CES.
Persistent link: https://www.econbiz.de/10010659097