Question:

Marshall Scissors Theory

Marshall Scissors Theory

Answer:

Marshallian structure of Western economics has two basic concepts, that is, "supply" and "demand"
Marshall scissors theory is about "supply" and "demand Marshall is the founder of local equilibrium analysis, he studied the behavior of a single market without considering the impact of market and market" theory.
Marshall scissors theory is about "supply" and "demand" theory.
Thus some scholars say that the "supply" and "demand" analysis framework, Marshall invented the two blades of the scissors, we tentatively called "Marshall scissors
It was vividly said that a parrot as long as the learn of the "supply" and "demand" two words also became economists.

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