TY  - BOOK
AU  - Skaggs N. T.
AU  - Carlso J.L.
TI  - Microeconomics: Individual Choice and Its Consequences
SN  - 9781557869265
PY  - 1996///
CY  - Cambridge, Oxford
PB  - Blackwell Publisher
KW  - 33 Економіка. Економічні науки
KW  - UDC
N2  - Microeconomics: Individual Choice and Its Consequences.A central theme is purposeful decision making in the face of constraints. The theory of consumer behaviour repeatedly emphasizes the effect of the budget constraint on the individuals efforts to maximize the benefits from consumption. In a similar manner, the production decisions of firms are constrained by the consumers willingness to pay and the firms production costs.In resource markets, wages are constrained by the interaction of supply and demand
ER  -