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Published byRosalind Bryant Modified over 9 years ago
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PARTIAL EQUILIBRIUM ONE GOOD
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NO TRADE EQUILIBRIUM PRICE OF BREAD QUANTITY OF BREAD A D PBPB QBQB SdSd DdDd
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NO TRADE EQUILIBRIUM PRICE OF BREAD QUANTITY OF BREAD A D PBPB QBQB SdSd DdDd Producer Surplus
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NO TRADE EQUILIBRIUM PRICE OF BREAD QUANTITY OF BREAD A D PBPB QBQB SdSd DdDd Consumer Surplus
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CONSUMER SURPLUS MEASURES THE WELFARE GAIN THAT CONSUMERS OBTAIN FROM PURCHASING GOODS THAT ARE BELOW THEIR WORTH.
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PRODUCER SURPLUS MEASURES THE WELFARE GAIN THAT PRODUCERS OBTAIN FROM SELLING GOODS AT PRICES THAT ARE ABOVE THEIR PRODUCTION COST.
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GAINS FROM TRADE: EXPORTING COUNTRY PRICE OF BREAD QUANTITY OF BREAD A G E QBQB SdSd DdDd F
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GAINS FROM TRADE: EXPORTING COUNTRY PRICE OF BREAD QUANTITY OF BREAD A G E SdSd DdDd F CBCB QBQB B CD EXPORT PRODUCER SURPLUS BE- FORE TRADE PWPW
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GAINS FROM TRADE: EXPORTING COUNTRY PRICE OF BREAD QUANTITY OF BREAD A G E SdSd DdDd F CBCB QBQB B CD EXPORT PRODUCER SURPLUS AFTER TRADE PWPW
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GAINS FROM TRADE: EXPORTING COUNTRY PRICE OF BREAD QUANTITY OF BREAD A G E SdSd DdDd F CBCB QBQB B CD EXPORT PWPW CONSUMER SURPLUS
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GAINS FROM TRADE: EXPORTING COUNTRY PRICE OF BREAD QUANTITY OF BREAD A G E SdSd DdDd F CBCB QBQB B CD EXPORT PWPW CONSUMER SURPLUS AFTER TRADE
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GAINS FROM TRADE: IMPORTING COUNTRY PRICE OF WINE QUANTITY OF WINE A G B QBQB SdSd DdDd C
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GAINS FROM TRADE: IMPORTING COUNTRY PRICE OF WINE QUANTITY OF WINE A G B SdSd DdDd C PWPW FD IMPORT
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GAINS FROM TRADE: IMPORTING COUNTRY PRICE OF WINE QUANTITY OF WINE A G B SdSd DdDd C PWPW FD IMPORT CONSUMER SURPLUS
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GAINS FROM TRADE: IMPORTING COUNTRY PRICE OF WINE QUANTITY OF WINE A G B SdSd DdDd C PWPW FD IMPORT
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GAINS FROM TRADE: IMPORTING COUNTRY PRICE OF WINE QUANTITY OF WINE A G B SdSd DdDd C PWPW FD IMPORT
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EFFECTIVE SUPPLY AND DEMAND
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EFFECTIVE SUPPLY AND DEMAND MEASURE THE IMPACT OF DOMESTIC AND WORLD MARKETS ON A COUNTRY
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EFFECTIVE DEMAND FOR EXPORTING COUNTRY PRICE OF BREAD QUANTITY OF BREAD A G E QBQB SdSd DdDd F P D =P W DeDe
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EFFECTIVE SUPPLY CURVE: IMPORTING COUNTRY PRICE OF WINE QUANTITY OF WINE A G SdSd DdDd Pd = Pw FD Se
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EXCESS DEMAND CURVE AUTARKY NO EXCESS DEMAND PRICE OF BREAD QUANTITY OF BREAD A G E QBQB SdSd DdDd F
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EXCESS DEMAND CURVE ALLOW TRADE TO OCCUR PRICE OF BREAD QUANTITY OF BREAD A G E QPQP SdSd DdDd F QCQC
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EXCESS DEMAND CURVE ALLOW TRADE TO OCCUR PRICE QUANTITY A G E QPQP SdSd DdDd QCQC PRICE QUANTITY PWPW PWPW QTQT A B C ED
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EXCESS SUPPLY CURVE AUTARKY NO EXCESS SUPPLY PRICE QUANTITY A G E QBQB SdSd DdDd F
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EXCESS SUPPLY CURVE ALLOW TRADE TO OCCUR PRICE QUANTITY A G E QPQP SdSd DdDd QCQC PRICE QUANTITY PWPW PWPW QTQT A B C ES
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EXCESS SUPPLY AND DEMAND CURVE PRICE QUANTITY A D QTQT ES SUM ED SUM C PWPW B
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