微观经济学 全英教案.pptVIP

Chapter 4 Individual and market demand  Topics to be Discussed ●| individua| Demand o Income and Substitution Effects ● Market demand ● Consumer Surp|us Network externalities 32005 Pearson Education, Inc Chapter 4  1. Individual Demand ● Price Changes o Using the figures developed in the previous chapter, the impact of a change in the price of food can be illustrated using indifference curves o For each price change, we can determine how much of the good the individual would purchase given their budget lines and indifference curves 32005 Pearson Education, Inc Chapter 4