because the ordinary demand curve ignores the income effect of price changes.also since the compensated demand curve is less inelastic than an ordinary demand curve.
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
Because of diminishing marginal rate of substitution, which is the principle that the more of one good a consumer has, the more they are willing to give up for an additional unit of the other good. Therefore the indifference curve must get flatter as we go along it
Yes. An expansionary fiscal policy, or more optimistic growth expectations in the private sector will shift the aggregate demand (AD) curve upwards. The position of the AD curve is also affected by the central bank's inflation target, if the target falls, the AD curve will shift downwards. Monetary policy influences the slope of the AD curve as well as the position. If the central bank put strong emphasis on fighting inflation and little emphasis on stabilizing output, the AD curve will be flatter. The other way around will yield the opposite result.
The long run average cost curve will help the company plan for product differentiation. With knowledge of a particular cost curve, the company can plan complement products to make up for deficits in profit margins.
because the ordinary demand curve ignores the income effect of price changes.also since the compensated demand curve is less inelastic than an ordinary demand curve.
Normally, by increasing number of vanes, curve shape becomes flatter and flow increases
The relationship between ne exposts and GDP makes the slope of the ae curve flatter than it would be otherwise
you make one curve. then you make another curve. presto? you have a butt.
because the curve, like an arch in a bridge, is sort of self supporting. the flatter it is the easier it is to break.
Because of diminishing marginal rate of substitution, which is the principle that the more of one good a consumer has, the more they are willing to give up for an additional unit of the other good. Therefore the indifference curve must get flatter as we go along it
so you can watch them make out
Sharper!
Not possible... do crunches the entire hour?
It does not. It has a smooth curve. That is called an arc.
You flatter them with an esteem roller
Ron Flatter was born in 1959.