Calculus with applications to economics
Auteur :
Khrushchev, Sergey
Éditeur :
Springer International Publishing AG
ISBN :
9783031953484
Date de publication :
23 août 2025
Dimensions :
23,5 x 15,5 cm
Langue :
Anglais
Pays d'origine :
Suisse
The book also explains the contrasting shapes of demand curves—why a product with many substitutes has a demand curve that is convex downward, whereas a monopoly’s demand curve is convex upward—and shows how the elasticity of demand can be used to achieve maximum revenue, among many other intriguing insights.