Matches in DBpedia 2015-10 for { <http://dbpedia.org/resource/Consumer_choice> ?p ?o }
- Consumer_choice abstract "The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves. It analyzes how consumers maximize the desirability of their consumption as measured by their preferences subject to limitations on their expenditures, by maximizing utility subject to a consumer budget constraint.Consumption is separated from production, logically, because two different economic agents are involved. In the first case consumption is by the primary individual; in the second case, a producer might make something that he would not consume himself. Therefore, different motivations and abilities are involved. The models that make up consumer theory are used to represent prospectively observable demand patterns for an individual buyer on the hypothesis of constrained optimization. Prominent variables used to explain the rate at which the good is purchased (demanded) are the price per unit of that good, prices of related goods, and wealth of the consumer.The law of demand states that the rate of consumption falls as the price of the good rises, even when the consumer is monetarily compensated for the effect of the higher price; this is called the substitution effect. As the price of a good rises, consumers will substitute away from that good, choosing more of other alternatives. If no compensation for the price rise occurs, as is usual, then the decline in overall purchasing power due to the price rise leads, for most goods, to a further decline in the quantity demanded; this is called the income effect.In addition, as the wealth of the individual rises, demand for most products increases, shifting the demand curve higher at all possible prices.".
- Consumer_choice thumbnail Consumer_constraint_choice.svg?width=300.
- Consumer_choice wikiPageID "232167".
- Consumer_choice wikiPageLength "20774".
- Consumer_choice wikiPageOutDegree "50".
- Consumer_choice wikiPageRevisionID "678317912".
- Consumer_choice wikiPageWikiLink Agent_(economics).
- Consumer_choice wikiPageWikiLink Budget_constraint.
- Consumer_choice wikiPageWikiLink Cardinal_utility.
- Consumer_choice wikiPageWikiLink Category:Consumer_theory.
- Consumer_choice wikiPageWikiLink Category:Household_behavior_and_family_economics.
- Consumer_choice wikiPageWikiLink Category:Microeconomics.
- Consumer_choice wikiPageWikiLink Category:Utilitarianism.
- Consumer_choice wikiPageWikiLink Cobb-Douglas.
- Consumer_choice wikiPageWikiLink Cobb–Douglas_production_function.
- Consumer_choice wikiPageWikiLink Consumer_sovereignty.
- Consumer_choice wikiPageWikiLink Convex_preferences.
- Consumer_choice wikiPageWikiLink Differentiable.
- Consumer_choice wikiPageWikiLink Differentiable_function.
- Consumer_choice wikiPageWikiLink Diminishing_marginal_utility.
- Consumer_choice wikiPageWikiLink Distinction_bias.
- Consumer_choice wikiPageWikiLink Economic_agent.
- Consumer_choice wikiPageWikiLink Economic_model.
- Consumer_choice wikiPageWikiLink File:Found_demand.svg.
- Consumer_choice wikiPageWikiLink File:Hicks_Substitution_effect.svg.
- Consumer_choice wikiPageWikiLink File:Inferior_good.svg.
- Consumer_choice wikiPageWikiLink Hypothesis.
- Consumer_choice wikiPageWikiLink Income.
- Consumer_choice wikiPageWikiLink Income_effect.
- Consumer_choice wikiPageWikiLink Income–consumption_curve.
- Consumer_choice wikiPageWikiLink Indifference_curve.
- Consumer_choice wikiPageWikiLink Indifference_curves.
- Consumer_choice wikiPageWikiLink Inferior_good.
- Consumer_choice wikiPageWikiLink Karl_Marx.
- Consumer_choice wikiPageWikiLink Law_of_demand.
- Consumer_choice wikiPageWikiLink List_of_important_publications_in_economics.
- Consumer_choice wikiPageWikiLink List_of_publications_in_economics.
- Consumer_choice wikiPageWikiLink Marginal_utility.
- Consumer_choice wikiPageWikiLink Mathematical_problem.
- Consumer_choice wikiPageWikiLink Microeconomics.
- Consumer_choice wikiPageWikiLink Model_(economics).
- Consumer_choice wikiPageWikiLink New_Palgrave:_A_Dictionary_of_Economics.
- Consumer_choice wikiPageWikiLink Opportunity_cost.
- Consumer_choice wikiPageWikiLink Ordinal_utility.
- Consumer_choice wikiPageWikiLink Parallel_(geometry).
- Consumer_choice wikiPageWikiLink Preference_(economics).
- Consumer_choice wikiPageWikiLink Producer_theory.
- Consumer_choice wikiPageWikiLink Production_theory.
- Consumer_choice wikiPageWikiLink Substitution_effect.
- Consumer_choice wikiPageWikiLink Supply_and_demand.
- Consumer_choice wikiPageWikiLink The_New_Palgrave_Dictionary_of_Economics.
- Consumer_choice wikiPageWikiLink Use_value.
- Consumer_choice wikiPageWikiLink Utility.
- Consumer_choice wikiPageWikiLink Utility_maximization_problem.
- Consumer_choice wikiPageWikiLink Value_and_Capital.
- Consumer_choice wikiPageWikiLink File:Consumer_constraint_choice.svg.
- Consumer_choice wikiPageWikiLink File:Consumer_constraint_choice_income_shift.svg.
- Consumer_choice wikiPageWikiLink File:Consumer_constraint_choice_price_shift.svg.
- Consumer_choice wikiPageWikiLinkText "Consumer choice".
- Consumer_choice wikiPageWikiLinkText "Consumer demand theory".
- Consumer_choice wikiPageWikiLinkText "consumer choice".
- Consumer_choice wikiPageWikiLinkText "consumer preference theory".
- Consumer_choice wikiPageWikiLinkText "consumer theory".
- Consumer_choice wikiPageWikiLinkText "consumers' choice behavior".
- Consumer_choice wikiPageWikiLinkText "customer needs".
- Consumer_choice wikiPageWikiLinkText "income effect".
- Consumer_choice wikiPageWikiLinkText "market preferences".
- Consumer_choice wikiPageWikiLinkText "substitution effect".
- Consumer_choice wikiPageWikiLinkText "theory of demand".
- Consumer_choice wikiPageWikiLinkText "utility".
- Consumer_choice hasPhotoCollection Consumer_choice.
- Consumer_choice wikiPageUsesTemplate Template:Cite_book.
- Consumer_choice wikiPageUsesTemplate Template:Consumer_behaviour.
- Consumer_choice wikiPageUsesTemplate Template:Economics_sidebar.
- Consumer_choice wikiPageUsesTemplate Template:Main.
- Consumer_choice wikiPageUsesTemplate Template:Microeconomics-footer.
- Consumer_choice wikiPageUsesTemplate Template:Reflist.
- Consumer_choice wikiPageUsesTemplate Template:See.
- Consumer_choice subject Category:Consumer_theory.
- Consumer_choice subject Category:Household_behavior_and_family_economics.
- Consumer_choice subject Category:Microeconomics.
- Consumer_choice subject Category:Utilitarianism.
- Consumer_choice hypernym Branch.
- Consumer_choice type Article.
- Consumer_choice type Organisation.
- Consumer_choice type Article.
- Consumer_choice type Microeconomic.
- Consumer_choice type Theory.
- Consumer_choice comment "The theory of consumer choice is the branch of microeconomics that relates preferences to consumption expenditures and to consumer demand curves. It analyzes how consumers maximize the desirability of their consumption as measured by their preferences subject to limitations on their expenditures, by maximizing utility subject to a consumer budget constraint.Consumption is separated from production, logically, because two different economic agents are involved.".
- Consumer_choice label "Consumer choice".
- Consumer_choice sameAs نظرية_مستهلك.
- Consumer_choice sameAs İstehlakçının_davranış_nəzəriyyəsi.
- Consumer_choice sameAs Teorie_spotřebitele.
- Consumer_choice sameAs Haushaltstheorie.
- Consumer_choice sameAs Teoría_del_consumidor.
- Consumer_choice sameAs Théorie_du_consommateur_(microéconomie).
- Consumer_choice sameAs עקרון_התחלופה.
- Consumer_choice sameAs Fogyasztáselmélet_(mikroökonómia).
- Consumer_choice sameAs Teoria_del_consumatore.
- Consumer_choice sameAs 消費者行動分析.