问题标题:
【帮忙解一道英文的微观经济题~1)UsingaproperlylabeledindifferencegraphforgoodA(horizontalaxis)andGoodB,illustratehowtheindifferencecurvesandbudgetlineswouldlooktoachieveanormaldownwardslopingdemandcurveforGoo】
问题描述:
帮忙解一道英文的微观经济题~
1)UsingaproperlylabeledindifferencegraphforgoodA(horizontalaxis)andGoodB,illustratehowtheindifferencecurvesandbudgetlineswouldlooktoachieveanormaldownwardslopingdemandcurveforGoodA.AlsoshowthedemandcurveforGoodAonaproperlylabeledgraph.
2)Explainwhatishappeningwiththesubstitutioneffectandincomeeffect.
3)Explainhowtheseeffectswoulddifferifthedemandcurvewaspositivelysloped.
潘维加回答:
2.incomeandsubstitutioneffectsareusedtounderstandtheeffectsofapricechange.whateverthedirectionoftheincomeeffect,withonlytwogoodsthesubstitutioneffectisalwaysnegative.thepurerelativepriceeffecttheconsumertosubstituteawayformthegoodwhoserelativepricehasrisentowardsthegoodwhoserelativepricehasfallen.abstractingfromincomeeffects,goodsarenecessarilysubstitutesforoneanotherinatwo-goodworld
evenwithmanygoods,thereisalwaysasubstitutioneffectawayfromgoodswhoserelativepricehasrisen.however,substitutionmaynotbetowardsallothergoods.consumerssubstituteawayfrommgoodsconsumedjointlywiththegoodwhosepricehasrisen.
这个最好能有图表,可是这里表示不出来~
3.substitutionincrease,demanddecrease
incomeincrese,demandincrease
这个自己组织下语言
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