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lOMoAR cPSD| 58605085 ABEF product effectively D product ineffectively C cannot product Mcqs lOMoAR cPSD| 58605085 Mcqs answer D answer B Unit: per hr/labor A S US
10 ,000(opp=5,000)=>compar 2( op 5,000) p=1/ ative advantages C , 40 000(opp =10,000)
4( opp=1/10,000)=>comparati ve advantages
Essay related opp : labor hours ( related to 5,6) lOMoAR cPSD| 58605085 Answer: D ( same opp) Chap4:(important)
Determinants of demand, increase: movement up
Increase in demand:(factors that affect to demand)
1. Increase in no of buyers( so luong nguoi mua)
2. Increase in income for normal goods/decrease in income for inferior goodsIf incomes
increase, for normal product increase,
3. Increase in price of substitute products/ decrease in price of complement productseg:
pepsi cola, if coca increase in price, pepsi increase in demand Eg: price of laptop
increase=> the demand of software decrease 4. Expectations/tatses lOMoAR cPSD| 58605085
Increase in supply:(factor that affect to supply) 1. Increase in no of sellers 2. Decrease in input prices 3. Improvement in technology 4. Expectations lOMoAR cPSD| 58605085 Equilibrium price Surplus: du thu`a Shortage: thie’u hu.t lOMoAR cPSD| 58605085 Essay lien quan den ve hinh
Concept of invincible hands(essay) ( gan lien voi market economy)
Thi truong do nhung ho gia dinh, va cac doanh nghiep quyet dinh ve cung va cau, ban tay vo
hinh hay de thi truong quyet dinh.
Keyword allocates resources:gia tu dong dieu chinh khi co su ket hop giua cung va cau voi nhau
Eg: gojek, be, trong nhung gio cao diem, gia’ xe tang len
Giai thich invincible hand?-->Giai thich tai sao gia’ tang len? lOMoAR cPSD| 58605085 Elasticity: lOMoAR cPSD| 58605085 CHapter6 lOMoAR cPSD| 58605085
Ng co inelastic tra thue nhieu hon