微观经济学(第五讲)题材.pptVIP

* * * * * * * * * * It may be worth reminding your students that, at each Q, the height of the D curve is the marginal buyer’s valuation of the good. Hence, the buyers from 0 to 15 all value the good at least as much as the price, so they will purchase the good at the market price. The buyers from 15 on up value the good less than $30, so they won’t buy the good. * Because the height of the S curve tells us seller’s costs, we can determine the following: The sellers of the first 15 units have cost $30, so it is worthwhile for them to produce the good. The other sellers have cost