"model" in inglés with examples - Collocation dictionary inglés
- This system is similar to a microeconomic model in which firms set prices and quantity based on the market.
- Even older, Irving Fisher's machine is well-known microeconomic model implemented as hydraulic apparatus.
- Therefore, in recent decades macroeconomists have attempted to combine microeconomic models of household and firm behavior to derive the relationships between macroeconomic variables.
- Weber makes the switch by applying a microeconomic model of rational action in order to understand action which is a calculated means to an end.
- Evidence for the existence of Giffen goods is limited, but microeconomic mathematical models explain how such a thing could exist.
- The model is central to the theory of general (economic) equilibrium and it is often used as a general reference for other microeconomic models.
- In microeconomic models, there are usually a finite set of L commodities, and a consumer may consume an arbitrary amount of each commodity.
- A second uses microeconomic models to explain internal firm organization and market strategy.
- The household is the basic unit of analysis in many social, microeconomic and government models.
- Our approach uses a microeconomic model to offer some insights in this regard.
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