경제원론I 맨큐의 경제학 5판 영어원서 원페이지레포트 14장 응용문제 입니다^^
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경제원론I 맨큐의 경제학 5판 영어원서 원페이지레포트 14장 응용문제 입니다^^
목차
1. Suppose that the U.S textile industry is competitive, and there is no international trade in textile. In long run equilibrium, the price per unit of cloth is $30
2. Suppose there are 1,000 hot pretzel stands operating in New York City. Each stand has the usual U-Shaped average total cost curve. The market demand curve for pretzels slopes down ward, and the market for pretzels is in long run competitive equilibrium.
본문내용
1. Suppose that the U.S textile industry is competitive, and there is no international trade in textile. In long run equilibrium, the price per unit of cloth is $30.
a. Describe the equilibrium using graphs for the entire market and for an individual producer.
Graph illustrates the situation in the U.S. textile industry. With no international trade, the market is in long-run equilibrium. Supply intersects
demand at quantity Q1 and price $30, with a typical firm producing output Q1.
2. Suppose there are 1,000 hot pretzel stands operating in New York City. Each stand has the usual U-Shaped average total cost curve. The market demand curve for pretzels slopes down ward, and the market for pretzels is in long run competitive equilibrium.
a. Draw the current equilibrium, using graphs for the entire market and for an individual pretzel stand.
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