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Wyszukujesz frazę "maximization of surplus" wg kryterium: Temat


Wyświetlanie 1-2 z 2
Tytuł:
Development challenges of contemporary enterprises
Autorzy:
Wnorowski, Henryk
Powiązania:
https://bibliotekanauki.pl/articles/2135762.pdf
Data publikacji:
2020
Wydawca:
Uniwersytet w Białymstoku. Wydawnictwo Uniwersytetu w Białymstoku
Tematy:
enterprices
development challenges
business success
company’s goal
maximization of surplus
Opis:
Goal – this article’s main goal is to showing that the truly important economic processes happen at the microeconomic level, they happen in enterprises. This is where the surplus value is produced. Producing this value is not easy, however, and is associated with a number of challenges. Research methodology – the author focuses on the descriptive method, which shows, on the one hand, the importance of activity at the microeconomic level, and on the other hand, indicating selected challenges faced by modern enterprises. Score/results – the article allowed to indicate the specificity of conditions in which modern enterprises operate. Large number of them are able to maintain their position in the industry for a very long time. It is able, but it is not so sure. In the conditions of global competition, nothing is certain in the long run, including the position of enterprises. They can work better or worse, they can be very small or larger, they can grow or curl, unfortunately they also fall. Originality/value – the article is a standard description of economic reality. It has no novelty or innovative aspects, it only organizes the described reality.
Źródło:
Studia Sieci Uniwersytetów Pogranicza; 2020; 207-214
2544-5790
Pojawia się w:
Studia Sieci Uniwersytetów Pogranicza
Dostawca treści:
Biblioteka Nauki
Artykuł
Tytuł:
Consumer surplus and budget constrained preference maximization: A note
Autorzy:
Lahiri, Somdeb
Powiązania:
https://bibliotekanauki.pl/articles/108305.pdf
Data publikacji:
2020
Wydawca:
Akademia Górniczo-Hutnicza im. Stanisława Staszica w Krakowie. Wydawnictwo AGH
Tematy:
demand function
consumer surplus
willingness to pay
area under demand curve
maximization of consumer surplus
budget constrained utility maximization
Opis:
The paper attempts to rectify what appear to be popular but elementary misconceptions about the concept of consumer surplus in the context of Marshallian demand curves. It is primarily addressed to teachers of microeconomics at the undergraduate level or in MBA programs of business schools. The main text informs the reader about the model/context and the results we are concerned with, all of the latter being a comprehensive teaching note, relegated to an appendix of the paper. Thus, the potential instructor may use the main text to motivate himself/ herself and at the same time inform his/her students as to the topic i.e. the rehabilitation of consumer surplus as an exact measure of welfare from the stand-point of cost benefit analysis. Thereafter the appendix can be referred to for a more formal presentation. The technical results contained in the appendix begin by showing that willingness to pay is the area under the demand curve if and only if consumers are surplus maximizers. The last result in the appendix is a theoretically ‘happy ending’ since it shows that for purposes of applied economics, budget constrained preference maximization implies surplus maximization and hence for such consumers, willingness to pay is indeed the area under the demand curve up to the quantity consumed.
Źródło:
Managerial Economics; 2020, 21, 1; 49-65
1898-1143
Pojawia się w:
Managerial Economics
Dostawca treści:
Biblioteka Nauki
Artykuł
    Wyświetlanie 1-2 z 2

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