Introduction to Demand: Optimizing Agents and Willingness to Pay

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Explores profit maximization conditions, resource variation effects, expansion paths, and state interventions in microeconomics.

Covers microeconomic consumer theory, choice models, utility maximization, and demand functions.

Explores consumer preferences, optimal choices, labor supply, and saving supply in microeconomics.

Discusses external benefits, subsidies, and their impact on market equilibrium and surplus distribution.

Explores demand, prices, and elasticity, revealing how consumer behavior responds to market dynamics.

Explores market equilibria, analyzing demand, supply slopes, and equilibrium outcomes at different prices and scenarios.

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