麦肯光明-竞争市场CompetitiveMarkets详解.pptVIP

Managerial Economics Zhigang Tao Competitive Markets perfect competition market equilibrium supply shift demand shift adjustment time receipts vis-à-vis incidence Question-1 A shipping line’s major variable costs are fuel and labor, while its major fixed cost is the investment in the vessels. If the cost of fuel drops by 15%, what will be the effect on the price and quantity of shipping services? What will be the effect of an interest rate cut? Question-2 Manufacturers of consumer goods often sell their products through retailers. Manufacturers frequently complain that, when they reduce whol