
Economics Economics Forum  Financial Mathematics, Econometrics, Operations Research, Mathematical Finance, Computational Finance 
 LinkBack  Thread Tools  Display Modes 
September 18th, 2016, 10:21 AM  #1 
Member Joined: Sep 2013 Posts: 83 Thanks: 0  Adv Microeconomics NEED help
Can someone explain how this slide in our handout " Equilibrium, rewritten : Licorice market: (D+B)* p(l)S*p(x)=(A+D*c) Chocolate market: (D+B)*p(x)S*p(l)=(A+D*c)+D*t Effect of change in tax on chocolate: Licorice market: (D+B)* dp(l)S*dp(x)=0 Chocolate market: (D+B) * dp(x)S*dp(l)=D*d(t) " What did he take the derivative of when the effect of change in tax is done ? 
September 27th, 2016, 03:43 PM  #2 
Senior Member Joined: Oct 2013 From: New York, USA Posts: 580 Thanks: 80 
It would help if you defined all the variables.


Tags 
adv, microeconomics 
Thread Tools  
Display Modes  

Similar Threads  
Thread  Thread Starter  Forum  Replies  Last Post 
Microeconomics  Cost function  Ku5htr1m  Economics  0  October 17th, 2014 05:15 PM 
Microeconomics  princessanna57  Economics  2  May 21st, 2010 05:59 PM 
Microeconomics, asymmetric info, help?  ax.brorson  Economics  0  October 2nd, 2009 08:26 AM 