philip kotler and gary armstrong principles of marketing 14th edition ppt
Principles of marketing
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Tài liệu Ten Principles of Economics - Part 5 ppt
... points A and B in Figure 3-1: The farmer produces and con-sumes 2 pounds of potatoes and 1 pound of meat, while the rancher produces and consumes 2 1/2 pounds of potatoes and 20 pounds of meat.SPECIALIZATION ... pounds of meat in exchange for 1 pound of potatoes, I’ll have 21 pounds of meat and 3 pounds of potatoes. Inthe end, I will also get more of both foods than I have now. [Shepoints out panel (b) of ... Association of American Anarchists commissions a study of crime in America and arrivesat Figure 2A-7, which plots the number of violent crimes per thousand peoplein major cities against the number of...
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Tài liệu Ten Principles of Economics - Part 7 pptx
... SUPPLY AND DEMAND I: HOW MARKETS WORKQUICK QUIZ: List the determinants of the quantity of pizza you demand.◆ Make up an example of a demand schedule for pizza, and graph theimplied demand curve. ... common? They all show theworkings of supply and demand.Supply and demand are the two words that economists use most often and forgood reason. Supply and demand are the forces that make market ... theory of supply and demand. It considers howbuyers and sellers behave and how they interact with one another. It shows howTHE MARKET FORCES OF SUPPLY AND DEMAND65 CHAPTER 4 THE MARKET FORCES OF...
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Tài liệu Ten Principles of Economics - Part 10 ppt
... low.The Cross-Price Elasticity of DemandEconomists use the cross-price elasticity of demand to measure how the quantity demanded of one goodchanges as the price of another good changes. It is ... price elasticity of demand. ◆ Explain the relationship between total revenue and the price elasticity of demand.THE ELASTICITY OF SUPPLYWhen we discussed the determinants of supply in Chapter ... increase in the price of an ice-cream conecauses the amount of ice cream you buy to fall by 20 percent. We calculate yourelasticity of demand asPrice elasticity of demand ϭϭ2.In this example,...
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Tài liệu Ten Principles of Economics - Part 57 pptx
... economy’s production of goods and services.Although some degree of unemployment is inevitable in a complex economy withthousands of firms and millions of workers, the amount of unemployment variessubstantially ... chapters we have seen some of the forces that determinethe level and growth of a country’s standard of living. A country that saves and in-vests a high fraction of its income, for instance, ... sup-plied and quantity demanded into balance. In an ideal labor market, wages wouldadjust to balance the quantity of labor supplied and the quantity of labor de-manded. This adjustment of wages...
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Tài liệu Ten Principles of Economics - Part 59 pptx
... Island of YapMONEY ON THEISLAND OF YAP: NOT EXACTLYPOCKET CHANGE CHAPTER 26 UNEMPLOYMENT AND ITS NATURAL RATE 6031. The Bureau of Labor Statistics announced that inDecember 1998, of ... diagram of the labor market, show the effect of an increase in the minimum wage on the wage paid toworkers, the number of workers supplied, the number of workers demanded, and the amount of unemployment.7. ... itprofitable to pay wages above the level that balances quantity of laborsupplied and quantity of labor demanded.CONCLUSIONIn this chapter we discussed the measurement of unemployment and...
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Tài liệu Ten Principles of Economics - Part 62 ppt
... aspoint A, the quantity of money demanded balances the quantity of money sup-plied. This equilibrium of money supply and money demand determines the value of money and the price level.Quantity ... Hungary, Germany, and Poland. Eachgraph shows the quantity of money in the economy and an index of the pricelevel. The slope of the money line represents the rate at which the quantity of money ... natural resources, and techno-logical knowledge. None of these is altered by the injection of money.Thus, the greater demand for goods and services causes the prices of goods and services to increase....
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Tài liệu Ten Principles of Economics - Part 15 ppt
... the equilibrium of sup-ply and demand maximizes the sum of consumer and producer surplus. In otherwords, the equilibrium outcome is an efficient allocation of resources. The job of the benevolent ... equi-librium of supply and demand. Recall that consumer surplus equals the areaabove the price and under the demand curve and producer surplus equals the areabelow the price and above the ... introduced the basic tools of welfare economics—consumer and pro-ducer surplus and used them to evaluate the efficiency of free markets. Weshowed that the forces of supply and demand allocate resources...
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Tài liệu Ten Principles of Economics - Part 17 ppt
... supply -and- demand diagram with a tax on thesale of the good. Show the deadweight loss. Show thetax revenue.3. How do the elasticities of supply and demand affect thedeadweight loss of a tax? ... rubber bands.a. If this market has very elastic supply and veryinelastic demand, how would the burden of a taxon rubber bands be shared between consumers and producers? Use the tools of consumer ... appear.For a tax on land not to distort economic incentives, it mustbe a tax on raw land. Yet the value of land often comes fromimprovements, such as clearing trees, providing sewers, and building...
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Tài liệu Ten Principles of Economics - Part 18 ppt
... allows trade and becomes an importer of a good, domesticconsumers of the good are better off, and domestic producers of the good areworse off.◆ Trade raises the economic well-being of a nation ... PART THREE SUPPLY AND DEMAND II: MARKETS AND WELFAREwinners and losers, regardless of whether Isoland ends up exporting or importingsteel. In either case, however, the gains of the winners exceed ... the domestic quantity demanded. The supply curve showsthe quantity of steel supplied by Isolandian sellers. The demand curve shows thequantity of steel demanded by Isolandian buyers. Because...
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Tài liệu Ten Principles of Economics - Part 20 ppt
... forces of supply and demand, and we saw that the equilibrium of supply and demand istypically an efficient allocation of resources. To use Adam Smith’s famousmetaphor, the “invisible hand” of the ... allows trade and becomes an exporter of a good, producers of the good are better off, and consumers of the good are worse off. When a countryallows trade and becomes an importer of a good,consumers ... thevirtue of free trade and had embarked ona massive lowering of its tariffs and non-tariff barriers.In Central and Eastern Europe, thecollapse of communism led to a whole-sale, unilateral, and...
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Tài liệu Ten Principles of Economics - Part 23 ppt
... years pass, the population of the town grows, and so does the number of sheep grazing on the Town Common. With a growing number of sheep and afixed amount of land, the land starts to lose its ability ... valuethe Grand Canyon and Yosemite and won’t complain about paying a realisticentrance fee, or we don’t really valuethem and shouldn’t wring our hands overtheir present sorry state and likely ... generosity of others. Inthis case, taxing the wealthy to raise the living standards of the poor can makeeveryone better off. The poor are better off because they now enjoy a higher stan-dard of living,...
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Tài liệu Ten Principles of Economics - Part 24 pptx
... thetradeoff betweenefficiency and equity in the design of a tax systemLearn alternativeways to judge theequity of a taxsystemGet an overview of how the U.S.government raises and spends ... of health care has risen more rapidly than the cost of othergoods and services. The rapid growth of this budget item is one reason that Presi-dent Clinton and others have proposed reforms of ... pastdecade, most of the rich world’s fisheries have beenexploited to the point of near-exhaustion.” The articlecontinues with an analysis of the problem and adiscussion of possible private and government...
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