Partial preview of the text
Download Engineering Economy Notes and more Lecture notes Engineering Economy in PDF only on Docsity!
viomict «ks @ SOON KORNCE EDV CERNE on Me ANECAYON, WUNZOKION Ond e GucIrTOUION OF GoDIE GAG GELVICES twEN VAN LOUS|Y MIMIN WOME 7D HRA ENGINEERING ELOMOMY =e Ane OCEPINE CCRC VU AHR LOGO MNG AEGEAN Of engnneering. 1 INVOMES AME CYIETOME CAVA WITH The COME MEN Of a CONUWONE TO THE SAQLATING, PTUCIEME To WE ECONOMIPA\LY Occopicrnie, OWINONS 40 EMOANCELING, PUNE M MUCr GEMONCTAS GQ POCITWE PONONEE a" eoneRAet ONCE VOD LEK CR: . ENG IER RING ECOMOMICS 6 WE CRPHCATIT OF CLONOANIE WOAMGUCE TD IN WOILAUOH & PESIQN ONG GOQHRATNG anemorties “ThE rere GF enguactnng, LEOMICE KG YO OSSEES We OPPOPTIOVEAKAL GO Gwen PO[SCH a&twrare NT voluc , OFS JURTEY HF FON ON eA MREXING, StTONOFANL- THE GENERAL ECONOMIC ENVIRON MER T MARKET OTA TIONS | PERPECT COMPETITION > Occurs When O CANON PUdUCH & OFeed TOr cole toy MANY VERGO OF CUPPIIENE. THERE Ke NO TEEITICTION FOr entering TE MOTKEL . Buyers Ore FEE, t0 buy Fromany vendor ond venclont Ore Hee to cay Ponyene . KEWWORO! Open For OIL 2+ MONOPOLY * OPCML OF FETFECL COMpONTGN - It CCCUNS WHEN Q UNO Ke FOS or Nhs 18 NONOAS ONY 40 O SWNQIE PODUCEL OP CUPPHEL. Enivy of Cbher ManKers « Bone S ts TR oF HOV CAN COMA THE Cupp OFA IE ENICE OF ME opodds 4 ™ RN O cupplenrc A ne v BOYONE CERI tre Co}On ore cena: wee sation oe XB KN oF GoDOS Ve PRODUCE Qocas . 2. coaKUMER COCOS + Are thoce. producers - rot Ore directly weg poopie Consey ineir WONtE . % ~ NECECEIMEL ANO LURWRIEL | NECESE ES < are, MOSS PBUH OWEMVICRS {NOV Ore, rexxared 10 QupEOr Huron WR acd och ATE Mar Wit oe PUIChoLEd un ¢, whoy OwoNnry GEN tough me PACE vaner concideroety, — we come, BWR URIES ~ pre nace ; PONCE OF Covices Wor OF] decited oy nu Ce Rurchaxes if money i Ovo\loole Opler 4ne required qo Sxtore vitor NTR GeO contigs Mot WH pe Porchared Y INCOME HE Gare, Mont @kn rRugh We pace vorta Connicaciy.. = © GoOOS = OPE USES TO, POSS consumer GOODS OMA, OUNer Praducer