flsfnoeraekadad
Jan 25, 2006, 08:53 PM
To start off the Ekonomista thread, let me ask help.
Mathematical Economics, anyone? :lol:
My question is: Do these equations hold true for the direct equations of Qd and Qs?
a. Qd = a - bP
b. Qs = -c + dP
How come? Can someone explain to me? Does this equations have anything to do with the negative slope of the demand curve and the positive slope of the supply curve? Thanks. Medyo nalilito ako.
And can anyone give me an pre-conceptual idea on limits and derivatives and its relation with Economics?
Mathematical Economics, anyone? :lol:
My question is: Do these equations hold true for the direct equations of Qd and Qs?
a. Qd = a - bP
b. Qs = -c + dP
How come? Can someone explain to me? Does this equations have anything to do with the negative slope of the demand curve and the positive slope of the supply curve? Thanks. Medyo nalilito ako.
And can anyone give me an pre-conceptual idea on limits and derivatives and its relation with Economics?