中级微观经济学之第四讲：个人与市场需求.pptVIP

Lecture Ⅳ Individual and Market Demand 4.1 Individual Demand Price Change As the price of one goods decrease, the quantity of the goods that a consumer purchased will increase, so do the utility that the consumer can attain grow. Two Properties of Individual Demand Curve The level of utility that can be attained changes as we move along the curve. At every point on the demand curve, the consumer is maximizing utility by satisfying the condition that MRSfc=Pf/Pc. Income Changes Normal versus Inferior Goods Substitutes and Complements Substitute Goods Complement Goods 4