2nd monthly test formulas Flashcards
1
Q
Demand function
A
Qd = a - b (P)
2
Q
a
A
impossible demand
3
Q
b
A
interval
4
Q
P
A
presyo
5
Q
Marginal Cost
A
TC2 - TC1 / Q2 - Q1
6
Q
Y
A
TR - TC
7
Q
TR
A
Q x P
8
Q
Marginal Revenue
A
TR2 - TR1 / Q2 - Q1
9
Q
P
A
a - Qd / b
9
Q
Ep formula
A
Q2 - Q1
________
Q1 + Q2
________
2
P2 - P1
________
P1 + P2
________
2