Microeconomics I partie 9/9
Fiches de révisions
Fiches de révisions
Kartei Details
| Karten | 18 |
|---|---|
| Sprache | English |
| Kategorie | VWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 06.06.2019 / 02.10.2023 |
| Lizenzierung | Namensnennung - Nicht-kommerziell - Keine Bearbeitung (CC BY-NC-ND) (Unversité de Genève, cours de Pr. Monika Mrazova) |
| Weblink |
https://card2brain.ch/box/20190606_microeconomics_i_partie_99
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| Einbinden |
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If government ask for a tax (appartments)
landlords suport burden of tax
zéro passthrough: rare because supply is fixed
If renters buy some houses
Supply (<-) because less appartments to rent
Demand (<-) because they don't ask for appartment anymore
Price doesn't change
Q diminishes
Monopolistic market equilibrium
Imperfectly competitive market
a monopolistic landlord
a perfectly discriminatory monopolistic landlord
a competitive market subject to rent control
More close appartments graph
Comparative statics: more close appartments
Supply is greater, so the price for close apartments falls
Comparative statics: price of distant appartment rises graph
Suppose de price of distant appartments rises
Demand for close apartments increases (rightward shift), causing
a higher price for close apartments
