Home > Term: función inversa de oferta
función inversa de oferta
A function representing the relationship between quantity supplied and price, specified for convenience with price as a function of quantity instead of the more usual quantity as a function of price. Thus if a conventional supply function is QS = a + bP, then the inverse supply function is P = QS/b - (a/b). Especially appropriate if supply is infinitely elastic (i. E. , constant cost).
- Part of Speech: noun
- Industry/Domain: Economy
- Category: International economics
- Company: University of Michigan
0
Creator
- raulbo1
- 100% positive feedback
(JAKARTA, Indonesia)