chapterPreliminaries(微观经济学华侨大学,JeffCal.pptVIP

1 2 4 5 6 7 8 9 11 12 17 17 18 19 20 21 21 21 21 21 21 22 25 25 26 24 What is a Market? A market is the collection of buyers and sellers that,through their actual or potential interactions to determine the price of a product or a set of products. * Chapter 1 第二十九页，共六十页。 What is a Market? Markets vs. Industries Industries are the supply side of the market. A industry is a collection of firms that sell the same or closely related products. * Chapter 1 第三十页，共六十页。 What is a Market? Market definition Determination of the buyers,sellers,and range of products that should be included in a particula