User contributions for Hw06
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24 March 2014
- 12:2712:27, 24 March 2014 diff hist +96 N Arc Income Elasticity of Demand Created page with "{{Learning concept |Description=The income elasticity of demand between two levels of income. }}" current
- 12:2512:25, 24 March 2014 diff hist +99 N Point Income Elasticity of Demand Created page with "{{Learning concept |Description=The income elasticity of demand at a particular level of income. }}" current
- 12:2312:23, 24 March 2014 diff hist +217 N Income Elasticity of Demand Created page with "{{Learning concept |Description=The percentage change int he demand for a commodity divided by the percentage change in the comsumers' income. while holding constant all the o..." current
- 12:2212:22, 24 March 2014 diff hist +95 N Total Revenue Created page with "{{Learning concept |Description=The price per unit of the commodity times the quantity sold. }}" current
- 12:2112:21, 24 March 2014 diff hist +105 N Arc Price Elasticity of Demand Created page with "{{Learning concept |Description=The Price elasticity of demand between two points on the demand curve. }}" current
- 12:2112:21, 24 March 2014 diff hist +108 N Point Price Elasticity of Demand Created page with "{{Learning concept |Description=The Price elasticity of demand at a particular point on the demand curve. }}" current
- 12:2012:20, 24 March 2014 diff hist +214 N Price Elasticity of Demand Created page with "{{Learning concept |Description=The percentage change in the quantity demanded of a commodity divided by the percentage change in its price, while holding constant all the oth..." current
- 12:1812:18, 24 March 2014 diff hist +164 N Producers' Goods Created page with "{{Learning concept |Description=The raw materials, capital equipment, and other inputs used by the firm to produce the goods and services demanded by consumers. }}" current
- 12:1612:16, 24 March 2014 diff hist +346 N Demand Function Faced by a Firm Created page with "{{Learning concept |Description=The relationship that identifies the determinants of the demand for a commodity face by a firm. These include the price of the commodity, the n..." current
- 12:1312:13, 24 March 2014 diff hist +187 N Durable Goods Created page with "{{Learning concept |Description=Goods that can be store, as well as other products that provide services not only during the year that they are purchased but also in subsequen..." current
- 12:1112:11, 24 March 2014 diff hist +205 N Perfect Competition Created page with "{{Learning concept |Description=The form of market organization in which there are many forms selling a homogeneous or identical product and each firm is too small to affect t..." current
- 12:0712:07, 24 March 2014 diff hist +122 N Monopoly Created page with "{{Topic}} The form of market organization in which a single firm sells a product for which there are no close substitutes." current
- 12:0212:02, 24 March 2014 diff hist +175 N Snob Effect Created page with "{{Learning concept |Description=The situation where some people demand a smaller quantity of a commodity as more people consume it, in order to be different and exclusive. }}" current
- 12:0012:00, 24 March 2014 diff hist +122 N Bandwagon Effect Created page with "{{Learning concept |Description=The situation in which some people demand a commodity because other people purchase it. }}" current
- 11:5811:58, 24 March 2014 diff hist +135 N Market Demand Function Created page with "{{Learning concept |Description=The relationship that identifies the determinants of the total or aggregate demand for a commodity. }}" current
- 11:5611:56, 24 March 2014 diff hist +196 N Market Demand Curve Created page with "{{Learning concept |Description=Shows the quantity demanded of a commodity in the market per time period at various alternative prices of the commodity while holding everythin..." current
- 11:5511:55, 24 March 2014 diff hist +246 N Change in Demand Created page with "{{Learning concept |Description=A shift in the demand curve of a commodity as a result of a change int he consumer's income, the price of related commodities, tastes, or any o..." current
- 11:5211:52, 24 March 2014 diff hist +174 N Change in the Quantity Demanded Created page with "{{Learning concept |Description=The movement along a particular demand curve resulting from a change in the price of the commodity, while holding everything else constant. }}" current
- 11:5111:51, 24 March 2014 diff hist +198 N Giffen Good Created page with "{{Learning concept |Description=An inferior food for which the positive substitution effect is smaller than the negative income effect so that less of the good is purchased wh..." current
- 11:4911:49, 24 March 2014 diff hist +169 N Income Effect Created page with "{{Learning concept |Description=The increase in the quantity demanded of a commodity resulting only from the increase in real income that accompanies a price decline. }}" current
- 11:4711:47, 24 March 2014 diff hist +178 N Substitution Effect Created page with "{{Learning concept |Description=The increase in the quantity demanded of a commodity resulting only from the decline in its price and independent of the change in real income. }}" current
- 11:4611:46, 24 March 2014 diff hist +136 N Law of Demand Created page with "{{Learning concept |Description=The inverse relationship between the price and the quantity demanded of a commodity per time period. }}"
- 11:4511:45, 24 March 2014 diff hist +154 N Individual's Demand Curve Created page with "{{Learning concept |Description=The graphical relationship between the price and the quantity demanded of a commodity by an individual per time period. }}"
- 11:4311:43, 24 March 2014 diff hist +160 N Individual's Demand Schedule Created page with "{{Learning concept |Description=The tabular relationship between between the price and the quantity demanded of a commodity by an individual per time period. }}" current
- 11:4211:42, 24 March 2014 diff hist +106 N Inferior Goods Created page with "{{Learning concept |Description=Goods of which the consumer purchases less with an increase in income. }}"
- 11:3911:39, 24 March 2014 diff hist +106 N Normal Goods Created page with "{{Learning concept |Description=Goods of which the consumer purchases more with an increase in income. }}"
- 11:3711:37, 24 March 2014 diff hist +100 N Consumer Demand Theory Created page with "{{Learning concept |Description=The study of the determinants of consumer demand for a commodity. }}" current
- 11:3611:36, 24 March 2014 diff hist +167 N Virtual Management Created page with "{{Learning concept |Description=The ability of a manager to simulate consumer behavior using computer models based on the emerging science or theory of complexity. }}"
- 11:3511:35, 24 March 2014 diff hist +146 N Virtual Integration Created page with "{{Learning concept |Description=The blurring of the traditional boundaries and roles between the manufacturer, its supplier, and its customers. }}" current
- 11:3311:33, 24 March 2014 diff hist +210 N Strategic Development Created page with "{{Learning concept |Description=The idea that assessment and action should be under continuous review and provide a direction and an agenda or continuous strategic development..." current
- 11:3111:31, 24 March 2014 diff hist +205 N Small-world Model Created page with "{{Learning concept |Description=The idea or theory that a corporate giant can be made to operate as a small firm by linking well-connected individuals from each level of the o..."
- 11:2511:25, 24 March 2014 diff hist +203 N Process Management Created page with "{{Learning concept |Description=The coordination or integration under a single umbrella of all the firm's performance- improvement initiatives, such as benchmarking, reenginee..."
- 11:2011:20, 24 March 2014 diff hist +217 N Pricing Power Created page with "{{Learning concept |Description=The ability of a firm to raise prices faster than the rise in its costs or to lower its costs faster than the fall in the prices at which the f..." current
- 11:1711:17, 24 March 2014 diff hist +169 N Performance Management Created page with "{{Learning concept |Description=The holding of executives and their subordinates accountable for delivering the desired results and superior competitive performance. }}"
- 11:1311:13, 24 March 2014 diff hist +132 N Networking Created page with "{{Learning concept |Description=The forming of temporary strategic alliances in which each firm contributes its best competency. }}" current
- 11:1211:12, 24 March 2014 diff hist +124 N Direct Business Model Created page with "{{Learning concept |Description=The situation in which a firm deals directly with the consumer, eliminating distributors. }}" current
- 11:1011:10, 24 March 2014 diff hist +123 N Broadbanding Created page with "{{Learning concept |Description=The elimination of multiple salary grades to foster movement among jobs within the firm. }}"
- 11:0911:09, 24 March 2014 diff hist +157 N Reingineering Created page with "{{Learning concept |Description=The radical redesign of all of the firm's processes to achieve major gains in speed, quality, service, and profitability. }}"
- 11:0811:08, 24 March 2014 diff hist +121 N Constrained Optimization Created page with "{{Learning concept |Description=The maximizing or the minimizing of an objective function subject to some constraints. }}"
- 11:0611:06, 24 March 2014 diff hist +141 N Marginal analysis Created page with "{{Learning concept |Description=The postulate that optimization occurs when the marginal benefit of an activity equals the marginal cost. }}" current
- 11:0511:05, 24 March 2014 diff hist +97 N Marginal Revenue Created page with "{{Learning concept |Description=The change in total revenue per unit change in quantity sold. }}"
- 11:0411:04, 24 March 2014 diff hist +115 N Marginal Cost Created page with "{{Learning concept |Description=The change in total costs or in total variable costs per unit change in output. }}"
- 10:5410:54, 24 March 2014 diff hist +463 N Pricing Practices Created page with "{{Topic |Learning Concepts=Demand Interrrelationships, Price Discrimination, First-Degree Price Discrimincation, Consumers' Surplus, Second-degree Price Discrimination, Dumpin..." current
- 10:5010:50, 24 March 2014 diff hist +221 N Game Theory and Strategic Behavior Created page with "{{Topic |Learning Concepts=Strategic Behavior, Game Theory, Players, Strategies, Payoff, Payoff Matrix, Zero-sum game, Dominant Strategy, Nash Equilibrium, Prisoners' Dilemma,..." current
- 10:4310:43, 24 March 2014 diff hist +549 N Oligopoly and Firm Architecture Created page with "{{Topic |Learning Concepts=Oligopoly, Duopoly, Pure Oligopoly, Differentiated Oligopoly, Nonprice Competition, Limit Pricing, Concentration Ratios, Herfindahl Index (H), Thoer..." current
- 10:3710:37, 24 March 2014 diff hist +390 N Market Structure: Perfect Competition Monopoly and Monopolistic Competition Created page with "{{Topic |Learning Concepts=Market, Market Structure, Perfect Competition, Monopoly, Monopolistic Competition, Oligopoly, Imperfect Competition, Price Taker, Shut-down Point, F..."
- 10:3310:33, 24 March 2014 diff hist +715 N Cost Theory and Estimation Created page with "{{Topic |Learning Concepts=Explicit Costs, Implicit Costs, Alternative or Opportunity Costs, Economic Costs, Accounting Costs, Relevant Cost, Incremental Cost, Sunk Costs, Tot..." current
- 10:2610:26, 24 March 2014 diff hist +739 N Production Theory and Estimation Created page with "{{Topic |Learning Concepts=Production, Inputs, Fixed Inputs, Variable Inputs, Short Run, Long Run, Production Function, Total Product (TP), Marginal Product (MP), Average Prod..."
- 10:1810:18, 24 March 2014 diff hist +523 N Demand Forecasting Topic Created page with "{{Topic |Learning Concepts=Delphi Mehod, Time-series Data, Time-series Analysis, Secular Trend, Cyclical Fluctuations, Seasonal Variation, Irregular or Random Influences, Smoo..." current
- 10:1010:10, 24 March 2014 diff hist +770 N Demand Estimation Created page with "{{Topic |Learning Concepts=Identification Problem, Consumer Surveys, Customer Relationship Management, Consumer Clinics, Market Experiments, Micromarketing, Observational Rese..." current