Class Notes (903,898)
CA (538,118)
UTSC (32,633)
MGEC40H3 (31)
Lecture

definition for 2-3 weeks ECMC40

1 Page
181 Views

Department
Economics for Management Studies
Course Code
MGEC40H3
Professor
Jack Parkinson

This preview shows half of the first page. Sign up to view the full page of the document.
:HHN
:HHN
:HHN
:HHN
 ±
±
±
± 
'HILQLWLRQV
'HILQLWLRQV
'HILQLWLRQV
'HILQLWLRQV
(FRQRPLHV
(FRQRPLHV
(FRQRPLHV
(FRQRPLHVRI
RI
RI
RI VFDOH
VFDOH
VFDOH
VFDOHLQGLFDWHVWKDWDYJ FRVWVGHFUHDVH DVRXWSXW LQFUHDVHV
(FRQRPLHV
(FRQRPLHV
(FRQRPLHV
(FRQRPLHVRI
RI
RI
RI VFRSH
VFRSH
VFRSH
VFRSHFRVWVDYLQJ WKDW WKH ILUPDFKLHYHVDVLW LQFUHDVHVWKH YDULHW\RI DFWLYLWLHVLW SHUIRUPVDVWKH
YDULHW\RI JRRGV LW SURGXFHV
/HDUQLQJ
/HDUQLQJ
/HDUQLQJ
/HDUQLQJHFRQRPLHV
HFRQRPLHV
HFRQRPLHV
HFRQRPLHVNQRZOHGJH LVWKH FUXFLDOUHVRXUFH DQG OHDUQLQJ LVWKH PRVW LPSRUWDQW SURFHVV >SJ @
/HDUQLQJ
/HDUQLQJ
/HDUQLQJ
/HDUQLQJFXUYH
FXUYH
FXUYH
FXUYHDQLGHDWKDWUHIHUVWRWKH FRVWDGYDQWDJHVWKDWIORZ IURP DFFXPXODWLQJ H[SHULHQFH DQG NQRZ
KRZ
8SVWUHDP
8SVWUHDP
8SVWUHDP
8SVWUHDP YHUVXV
YHUVXV
YHUVXV
YHUVXVGRZQVWUHDP
GRZQVWUHDP
GRZQVWUHDP
GRZQVWUHDPRI RU SHUWDLQLQJ WRWKH HDUO\VWDJHVLQWKH RSHUDWLRQV RI DEXVLQHVV RU LQGXVWU\
YV2IRU SHUWDLQLQJ WRWKH ODWWHUSDUWRI DSURFHVV RU V\VWHP
(IILFLHQW
(IILFLHQW
(IILFLHQW
(IILFLHQW0LQLPXP
0LQLPXP
0LQLPXP
0LQLPXP6FDOH
6FDOH
6FDOH
6FDOH(06
(06
(06
(06 LVDWHUPXVHGLQLQGXVWULDORUJDQL]DWLRQ WRGHQRWHWKH VPDOOHVWRXWSXW WKDWD
SODQW RU ILUPFDQSURGXFHVXFKWKDW LWVORQJ UXQ DYHUDJH FRVWVDUHPLQLPL]HG 7KLVFRQFHSW LVXVHIXO LQ
GHWHUPLQLQJ WKH OLNHO\PDUNHWVWUXFWXUHRI DPDUNHW)RU LQVWDQFHLIWKH PLQLPXP HIILFLHQW VFDOHLV VPDOO UHODWLYH
WRWKH RYHUDOO VL]H RI WKH PDUNHWGHPDQG IRU WKH JRRGWKHUHZLOO EH DODUJH QXPEHURI ILUPV7KH ILUPVLQWKLV
PDUNHWZLOO EH OLNHO\WREHKDYH LQDSHUIHFWO\FRPSHWLWLYH PDQQHUGXH WRWKH ODUJH QXPEHURI FRPSHWLWRUV
'RXEOH
'RXEOH
'RXEOH
'RXEOHPDUJLQDOL]DWLRQ
PDUJLQDOL]DWLRQ
PDUJLQDOL]DWLRQ
PDUJLQDOL]DWLRQUHVXOWVZKHQDQXSVWUHDPILUPH[SORLWVLWVPDUNHWSRZHUE\ VHWWLQJ DSULFH WKDW
H[FHHGV PDUJLQDOFRVW7KH GRZQVWUHDPILUPSXUFKDVHVWKHVHPDUNHG XS LQSXWVDQG WKHQH[SORLWVLWVRZQPDUNHW
SRZHUEDSSO\LQJ LWVRZQPDUNXS ±PDUNLQJ XS WZLFH WKH PDUJLQDOFRVWRI WKH XSVWUHDPVXSSOLHU7KLVFDXVHV
WKH SULFH RI WKH ILQLVKHG JRRGV WREH WRR KLJK ± KLJKHUWKDQWKH SURLFH WKDWZRXOGPD[WKH MRLQW SURILWVRI WKH
VXSSOLHUDQG EX\HU
&RQIOLFWLQJ
&RQIOLFWLQJ
&RQIOLFWLQJ
&RQIOLFWLQJRXW
RXW
RXW
RXW ZKHQDSRWHQWLDOFOLHQW DSSURDFKHVDSURIHVVLRQDOVHULHVILUPZLWKQHZEXVLQHVVLW PD\EH
FRQFHUQHGWKDW WKH ILUP LVDOUHDG\ GRLQJ EXVLQHVV ZLWKRQH RU PRUHRI LWVFRPSHWLWRUV7KH ILUP PD\ORVHWKLV
SRWHQWLDOEXVLQHVV FX] LWVFRQIOLFWHGRXW
+RUL]RQWDO
+RUL]RQWDO
+RUL]RQWDO
+RUL]RQWDO ,QWHJUDWLRQ
,QWHJUDWLRQ
,QWHJUDWLRQ
,QWHJUDWLRQ:KHQD FRPSDQ\ H[SDQGV LWVEXVLQHVV LQWRGLIIHUHQW SURGXFWVWKDWDUHVLPLODUWR
FXUUHQW OLQHV
9HUWLFDO
9HUWLFDO
9HUWLFDO
9HUWLFDO LQWHJUDWLRQ
LQWHJUDWLRQ
LQWHJUDWLRQ
LQWHJUDWLRQWKH LQWHJUDWLRQ ZLWKLQRQH FRPSDQ\ RI LQGLYLGXDOEXVLQHVVHVZRUNLQJ VHSDUDWHO\LQUHODWHG
SKDVHVRI WKH SURGXFWLRQ DQG VDOHRI DSURGXFW
0XOWLGLYLVLRQDO
0XOWLGLYLVLRQDO
0XOWLGLYLVLRQDO
0XOWLGLYLVLRQDO RUJDQL]DWLRQ
RUJDQL]DWLRQ
RUJDQL]DWLRQ
RUJDQL]DWLRQ YV
YV
YV
YVPXOWLSURGXFW
PXOWLSURGXFW
PXOWLSURGXFW
PXOWLSURGXFW ILUP
ILUP
ILUP
ILUP
0XOWLGLYLVLRQDO
0XOWLGLYLVLRQDO
0XOWLGLYLVLRQDO
0XOWLGLYLVLRQDO VWUXFWXUH
VWUXFWXUH
VWUXFWXUH
VWUXFWXUHDQRUJDQL]DWLRQDOIRUP WKDW LVFRPSULVHGRI DVHWRI DXWRQRPRXV GLYLVLRQV OHG E\ D
FRUSRUDWHKHDGTXDUWHUVRIILFHDVVLVWHG Y\ D FRUSRUDWHVWDII WKDWSURYLGHVLQIRDERXW WKH LQWHUQDODQG H[WHUQDO
EXVLQHVV HQYLURQPHQW5DWKHUWKDQRUJDQL]LQJ E\ IXQFWLRQ RU E\ WDVN DPXOWLGLYLVLRQDOVWUXFWXUHRUJDQL]HVE\
SURGXFW OLQHUHODWHGEXVLQHVV XQLWVRU FXVWRPHUW\SH
0XOWLSURGXFW
0XOWLSURGXFW
0XOWLSURGXFW
0XOWLSURGXFW ILUP WKDW PDQXIDFWXUHVDQG VHOOVPDQ\ GLII SURGXFWV
&RUH
&RUH
&RUH
&RUH FRPSHWHQFLHV
FRPSHWHQFLHV
FRPSHWHQFLHV
FRPSHWHQFLHVDGHILQHGOHYHORI H[SHUWLVHWKDW LVHVVHQWLDORU IXQGDPHQWDO WRDSDUWLFXODUMRE WKH SULPDU\
DUHD RI H[SHUWLVHVSHFLDOW\ WKH H[SHUWLVHWKDWDOORZVDQRUJDQL]DWLRQ RU LQGLYLGXDO WREHDW LWVFRPSHWLWRUV
2XWVRXUFLQJ
2XWVRXUFLQJ
2XWVRXUFLQJ
2XWVRXUFLQJ WRSXUFKDVHJRRGVRU VXEFRQWUDFWVHUYLFHV IURP DQRXWVLGH VXSSOLHURU VRXUFH
/HDUQLQJ
/HDUQLQJ
/HDUQLQJ
/HDUQLQJE\
E\
E\
E\GRLQJ
GRLQJ
GRLQJ
GRLQJ UHIHUVWRWKH FDSDELOLW\RI ZRUNHUVWRLPSURYH WKHLUSURGXFWLYLW\ E\ UHJXODUO\UHSHDWLQJ WKH
VDPHW\SHRI DFWLRQ 7KH LQFUHDVHGSURGXFWLYLW\LVDFKLHYHGWKURXJKSUDFWLFHVHOISHUIHFWLRQ DQG PLQRU
LQQRYDWLRQV
www.notesolution.com

Loved by over 2.2 million students

Over 90% improved by at least one letter grade.

Leah — University of Toronto

OneClass has been such a huge help in my studies at UofT especially since I am a transfer student. OneClass is the study buddy I never had before and definitely gives me the extra push to get from a B to an A!

Leah — University of Toronto
Saarim — University of Michigan

Balancing social life With academics can be difficult, that is why I'm so glad that OneClass is out there where I can find the top notes for all of my classes. Now I can be the all-star student I want to be.

Saarim — University of Michigan
Jenna — University of Wisconsin

As a college student living on a college budget, I love how easy it is to earn gift cards just by submitting my notes.

Jenna — University of Wisconsin
Anne — University of California

OneClass has allowed me to catch up with my most difficult course! #lifesaver

Anne — University of California
Description
:000N 001L3L9438 ..4342LL0841 8.,O0 L3L.,908 9K,9 ,;J .4898 0.70,80 ,8 4:95:9 L3.70,808 ..4342LL0841 8.450 .489 8,;L3J 9K,9 9K0 1L72 ,.KL0;08 ,8 L9 L3.70,808 9K0 ;,7L09 41 ,.9L;L9L08 L9 50714728 ,8 9K0 ;,7L09 41 J448 L9 574:.08 00,73L3J 0.4342LL08 N34ZO0J0 L8 9K0 .7:.L,O 7084:7.0 ,3 O0,73L3J L8 9K0 2489 L25479,39 574.088 > 5J ( 00,73L3J .:7;0 ,3 L0, 9K,9 701078 94 9K0 .489 ,;,39,J08 9K,9 1O4Z 1742 ,..:2:O,9L3J 0[507L03.0 ,3 N34Z K4Z &558970,2 ;0078:844Z38870,2247 5079,L3L3J 94 9K0 0,7O 89,J08 L3 9K0 4507,9L438 41 , -:8L3088 47 L3:897 ;8 1 47 5079,L3L3J 94 9K0 O,9907 5,79 41 , 574.088 47 88902 11L.0399LL3L2::2 $$.,O0 $$ L8 , 9072 :80 L3 L3:897L,O 47J,3L],9L43 94 03490 9K0 82,OO089 4:95:9 9K,9 , 5O,39 47 1L72 .,3 574:.0 8:.K 9K,9 L98 O43J 7:3 ,;07,J0 .4898 ,70 2L3L2L]0 %KL8 .43.059 L8 :801:O L3 09072L3L3J 9K0 OLN0O 2,7N09 897:.9:70 41 , 2,7N09 47 L389,3.0 L1 9K0 2L3L2:2 011L.L039 8.,O0 L8 82,OO 70O,9L;0 94 9K0 4;07,OO 8L]0 41 9K0 2,7N09 02,3 147 9K0 J44 9K070 ZLOO -0 , O,7J0 3:2-07 41 1L728 %K0 1L728 L3 9KL8 2,7N09 ZLOO -0 OLN0O 94 -0K,;0 L3 , 50710.9O .42509L9L;0 2,3307 :0 94 9K0 O,7J0 3:2-07 41 .42509L9478 4:-O0 22,7JL3,OL],9L43 708:O98 ZK03 ,3 :58970,2 1L72 0[5O4L98 L98 2,7N09 54Z07 - 8099L3J , 57L.0 9K,9 0[.008 2,7JL3,O .489 %K0 4Z38970,2 1L72 5:7.K,808 9K080 2,7N0 :5 L35:98 ,3 9K03 0[5O4L98 L98 4Z3 2,7N09 54Z07 - ,55OL3J L98 4Z3 2,7N:5 2,7NL3J :5 9ZL.0 9K0 2,7JL3,O .489 41 9K0 :58970,2 8:55OL07 %KL8 .,:808 9K0 57L.0 41 9K0 1L3L8K0 J448 94 -0 944 KLJK KLJK07 9K,3 9K0 574L.0 9K,9 Z4:O 2,[ 9K0 M4L39 5741L98 41 9K0 8:55OL07 ,3 -:07 431OL.9L3J
More Less
Unlock Document


Only half of the first page are available for preview. Some parts have been intentionally blurred.

Unlock Document
You're Reading a Preview

Unlock to view full version

Unlock Document

Log In


OR

Don't have an account?

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit