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ID:25302065
大小:75.68 KB
页数:10页
时间:2018-11-19
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1、附录AA.1THEMARKETFORCESOFSUPPLYANDDEMANDWhenacoldsnaphitsFlorida,thepriceoforangejuicerisesinsupermarketsthroughoutthecountry.WhentheweatherturnswarminNewEnglandeverysummer,thepriceofhotelroomsintheCaribbeanplummets.WhenawarbreaksoutintheMiddleEast,thepriceofgaso
2、lineintheUnitedStatesrises,andthepriceofausedCadillacfalls.Whatdotheseeventshaveincommon?Theyallshowtheworkingsofsupplyanddemand.Supplyanddemandarethetwowordsthateconomistsusemostoften—andforgoodreason.Supplyanddemandaretheforcesthatmakemarketeconomieswork.They
3、determinethequantityofeachgoodproducedandthepriceatwhichitissold.Ifyouwanttoknowhowanyeventorpolicywillaffecttheeconomy,youmustthinkfirstabouthowitwillaffectsupplyanddemand.Thischapterintroducesthetheoryofsupplyanddemand.Itconsidershowbuyersandsellersbehaveandh
4、owtheyinteractwithoneanother.Itshowshowsupplyanddemanddeterminepricesinamarketeconomyandhowprices,inturn,allocatetheeconomy'sscarceresources.A.1.1MARKETSANDCOMPETITIONThetermssupplyanddemandrefertothebehaviorofpeopleastheyinteractwithoneanotherinmarkets.Amarket
5、isagroupofbuyersandsellersofaparticulargoodorservice.Thebuyersasagroupdeterminethedemandfortheproduct,andthesellersasagroupdeterminethesupplyoftheproduct.Beforediscussinghowbuyersandsellersbehave,let'sfirstconsidermorefullywhatwemeanbya“market”andthevarioustype
6、sofmarketsweobserveintheeconomy.A.1.1.1COMPETITIVEMARKETSMarketstakemanyforms.Sometimesmarketsarehighlyorganized,suchasthemarketsformanyagriculturalcommodities.Inthesemarkets,buyersandsellersmeetataspecifictimeandplace,whereanauctioneerhelpssetpricesandarranges
7、ales.Moreoften,marketsarelessorganized.Forexample,considerthemarketforicecreaminaparticulartown.Buyersoficecreamdonotmeettogetheratanyonetime.Thesellersoficecreamareindifferentlocationsandoffersomewhatdifferentproducts.Thereisnoauctioneercallingoutthepriceofice
8、cream.Eachsellerpostsapriceforanice-creamcone,andeachbuyerdecideshowmuchicecreamtobuyateachstore.Eventhoughitisnotorganized,thegroupofice-creambuyersandice-creamsellersforms
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