Who can help me answer this economics question???(1)

来源:百度知道 编辑:UC知道 时间:2024/07/05 06:56:31
"Consumers maximise utility subject to a budget constraint. Firms maximise output subject to a cost constraint."

Ouline how the analysis of the firm's behaviour in terms of isoquant and isocost analysis parallels the analysis of consumer behaviour in terms of indifference curve and budget constraint analysis.

To what extent does this type of analysis indicate the meaning of thevasic economic problem?

consumers are living on a fix income, therefore all of their expenses need to be budgeted. Any increase in one aspect of living costs will put burden on the others. While firms can dissolve the burden of the incresing utility expense by increasing sales prices. In other word, a firm can pass the burden of increased cost of production to their product buyers. Of course, when increasing sale price is not an option for a firm, budgeting tasks will find ways to compensate the increased utility cost to make the firm's expediture maintain the same level as before.

消费者是生活在一个固定的收入,因此,他们的所有费用,必须编列预算。任何增加的一个方面的生活成本将百上加斤等。而公司可以解散负担的incresing公用事业费用,增加销售价格。在其他Word ,坚定能通过负担增加生产成本,其产品的买家。当然,当越来越多的售价,是不是一种选择,一种坚定的,预算编制任务,将设法补偿,提高其利用率成本,使该公司的支出保持同一水平。