chapter_4 Individual and Market Demand 平狄克微观英文版教材.pptVIP

Chapter 4;Topics to be Discussed;Topics to be Discussed;Individual Demand;Effect of a Price Change;Individual Demand;Individual Demand;Effect of a Price Change;Individual Demand;Effects of Income Changes;Effects of Income Changes;Individual Demand;Individual Demand;Individual Demand;Individual Demand;An Inferior Good;Individual Demand;Engel Curves;Engel Curves;Consumer Expendituresin the United States;Individual Demand;Individual Demand;Individual Demand;Individual Demand;Income and Substitution Effects;Income and Substitution Effects;Income and Substitution Effects;Income and Substitution Effects;Income and Substitution Effects;Income and SubstitutionEffects: Normal Good;Food (units per month);Income and Substitution Effects;Effect of a Gasoline Tax With a Rebate;Effect of a Gasoline Tax With a Rebate;Market Demand;Determining the Market Demand Curve;Summing to Obtain aMarket Demand Curve;Market Demand;Market Demand;Price Elasticity andConsumer Expenditure;Market Demand;Market Demand;Market Demand;Market Demand;Market Demand;Market Demand;Market Demand;The Aggregate Demand For Wheat;The Aggregate Demand For Wheat;The Aggregate Demand For Wheat;C;Consumer Surplus;The consumer surplus of purchasing 6 concert tickets is the sum of the surplus derived from each one individually.;Consumer Surplus;Demand Curve;Consumer Surplus;The Value of Clean Air;The Value of Clean Air;The shaded area gives the consumer surplus generated when air pollution is reduced by 5 parts per 100 million of nitrous oxide at a cost of $1000 per part reduced.;Network Externalities;Network Externalities;Network Externalities;Network Externalities;Positive NetworkExternality: Bandwagon Effect;Demand;Demand;Demand;Network Externalities;Negative NetworkExternality: Snob Effect;Negative NetworkExternality: Snob Effect;Network Externalities and the Demands for Computers and Fax Machines;Empirical Estimation of Demand;Empirical Estimation of Demand;In direct marketing experiments, actual sal