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Unformatted text preview: substitution eﬀects 7. markets, exchange, equilibrium; calculating equilibrium 8. Edgeworth box: individually rational set, Pareto set, contract curve, equilibrium 9. time & uncertainty: interest rates, returns on investment 10. ﬁrms: production functions; marginal rates of transformation 11. cost minimization & proﬁt maximization 12. industries: proﬁt maximization, productive eﬃciency; which industries operate? 13. general equilibrium: social eﬃciency, trade; which industries operate? 14. non-competitive ﬁrms: market demand & inverse demand functions, monopoly, proﬁt-maximizing...
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This note was uploaded on 02/13/2010 for the course ECON 180052110 taught by Professor Mcdevitt during the Summer '09 term at UCLA.
- Summer '09