THE IMPACT OF PRODUCTION DECISIONS ON THE BALANCE PERFECT MARKET. AN INTERACTIVE STUDY

Marian Zaharia

Annals - Economy Series, 2011, vol. 4, 211-216

Abstract: Given that the market equilibrium at a given time t is the result of ratio of product demand, at the same moment of time t, and the supply launched at an earlier time t − Δt , and given that the product remains on the market until the sale was full, rationality of supply decision, by future sizing anticipating of demand, has a fundamental influence on the stability and equilibrium of product market. This paper provides an interactive version for study of sizing impact on offer, based from three dynamic models of perfect markets, derived from Kaldor's cobweb model. Using the same values of marginal demand, marginal supply and incompressible demand and supply are presented interactively the influences of the producer decision on the stability of the product market. IT produs, dezvoltat pentru acest scop poate fi utilizat, de asemenea, în cereri şi cursuri practice în microeconomie, dinamica economică, luarea deciziilor şi altele.

Keywords: interactive study; market equilibrium; market stability; dynamic models (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:cbu:jrnlec:y:2011:v:4:p:211-216

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