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- Title
EVALUATE THE BALANCE IN THE MARKET.
- Authors
BEQIRI, Xhevair; ZHAKU, Sali; ODA, Arben
- Abstract
The work paper, present the evaluation of balance middle supply and demand in the market in the case where the price of the product depending on the price of other products (see [4], [6] etc.). Here, the quantity is presented with linear function of many variables and in the special case presented with function of second order of many variables or the function where, the conjunctions of the equations is resolved. In the beginning with relations where, the quantity depending on the prices of some other products presents with functions of many variables: Supply Qvio =fio(pv1, pv2, pv3, ... pvn), Demand Qvik =fik(pv1, pv2, pv3, ... pvn), where, i=1,2,3,...,n and Qvio, Qvik are value of quantity of products vi depending from positive linear functions of many variable fio(pv1, pv2, pv3, ... pvn) and fik(pv1, pv2, pv3, ... pvn, presented for supply and demand of the market. For equilibrium of the market, we get: Qvio =Qvik, where, i=1, 2, n, presented a system of equations which's the solution give us the balance prices of the products, from where we get the balance quantity for products. In the special case, is possible, others form of the function when for the system we may to find the result.
- Subjects
CONJUNCTIONS (Grammar); MATHEMATICAL variables; PRODUCT safety; CONSUMER goods; CONSUMPTION (Economics)
- Publication
Economic Vision: International Scientific Journal in Economics, Finance, Business, Marketing, Management & Tourism, 2022, Vol 9, Issue 17/18, p168
- ISSN
1857-9566
- Publication type
Article