Other determinants that producers want to sell
In addition to price, what are the other determinants that producers want to sell?
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In addition to price, the other determinants of how much producers want to sell comprise input prices, expectations, technology, and the number of sellers. When one of such factors alters, the supply curve shifts.
Robomatic Corporation could attain minimum average costs for RoboMaids when this produced: (1) 4,000 robots per month. (2) 6,000 robots per month. (3) 8,000 robots per month. (4) 10,000 robots per month. (5) 12,000 robots per month. Q : Social welfare function what do you what do you mean by a social welfare function? if you assume that such a function exists, what properties of social optima would be considered by you? discuss such properties.
what do you mean by a social welfare function? if you assume that such a function exists, what properties of social optima would be considered by you? discuss such properties.
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