BENEFIT REALIZED IN THE ECONOMY DEPENDING ON THE FORMATION OF THE DEMAND AND SUPPLY CURVES

Session

Management Business and Economics

Description

The benefit achieved in the economy when other expenses are neglected for the first time, essentially depends on the mutual position and the formation of the demand curve (D - demand curve) and the supply curve (S - supply curve). Such a thing is understandable, because the determination of the state of equilibrium (E), then of the production surplus, production shortage, consumer surplus, supplier surplus, tax policy depends on the mutual position of the mentioned curves D and S. as well as many other important quantities in economic analyses. Of course, such an analysis is also related to economic efficiency, the elasticity of the production process, and others.

Keywords:

The benefit achieved in the economy when other expenses are neglected for the first time, essentially depends on the mutual position and the formation of the demand curve (D - demand curve) and the supply curve (S - supply curve). Such a thing is understandable, because the determination of the state of equilibrium (E), then of the production surplus, production shortage, consumer surplus, supplier surplus, tax policy depends on the mutual position of the mentioned curves D and S. as well as many other important quantities in economic analyses. Of course, such an analysis is also related to economic efficiency, the elasticity of the production process, and others.

ISBN

978-9951-982-15-3

Location

UBT Lipjan, Kosovo

Start Date

25-10-2024 9:00 AM

End Date

27-10-2024 6:00 PM

DOI

10.33107/ubt-ic.2024.32

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Oct 25th, 9:00 AM Oct 27th, 6:00 PM

BENEFIT REALIZED IN THE ECONOMY DEPENDING ON THE FORMATION OF THE DEMAND AND SUPPLY CURVES

UBT Lipjan, Kosovo

The benefit achieved in the economy when other expenses are neglected for the first time, essentially depends on the mutual position and the formation of the demand curve (D - demand curve) and the supply curve (S - supply curve). Such a thing is understandable, because the determination of the state of equilibrium (E), then of the production surplus, production shortage, consumer surplus, supplier surplus, tax policy depends on the mutual position of the mentioned curves D and S. as well as many other important quantities in economic analyses. Of course, such an analysis is also related to economic efficiency, the elasticity of the production process, and others.