"function" in inglés with examples - Collocation dictionary inglés
- If there is always a unique maximizer, then it is called the Marshallian demand function.
- Thus, the concept of diminishing marginal utility should translate itself into a downward-sloping demand function.
- The inverse demand function can be used to derive the total and marginal revenue functions.
- Mathematically, the variable representing the price of the complementary good would have a negative coefficient in the demand function.
- The conventional graphical representation is of the inverse demand function.
- The inverse demand function is useful in deriving the total and marginal revenue functions.
- These "other variables" are part of the demand function.
- They are "merely lumped into intercept term of a simple linear demand function."
- After all agents have made a quantity production decision, the quantities are aggregated and plugged into a demand function to get a price.
- The curves labelled in Fig. 10-2(a) illustrates this demand function for two income levels and, where.
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