Subject: HB Economic Theory
Year: 2022
Type: Article
Type: PeerReviewed
Title: EVALUATE THE BALANCE IN THE MARKET
Author: Beqiri, Xhevair
Author: Zhaku, Sali
Author: 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 Q_(v_i)^o=f_i^o (P_(v_1 ),P_(v_2 ),P_(v_3 ),…P_(v_n )¬), Demand Q_(v_i)^k=f_i^k (P_(v_1 ),P_(v_2 ),P_(v_3 ),…P_(v_n )¬), where , i=1,2,3,...,n and Q_(v_i)^o , Q_(v_i)^k are value of quantity of products vi depending from positive linear functions of many variable f_i^o (P_(v_1 ),P_(v_2 ),P_(v_3 ),…P_(v_n )¬) and f_i^k (P_(v_1 ),P_(v_2 ),P_(v_3 ),…P_(v_n )¬), presented for supply and demand of the market. For equilibrium of the market, we get: Q_(v_i)^o=Q_(v_i)^k, 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.
Publisher: Faculty of Economics and Faculty of Business Administration, University of Tetova
Relation: https://eprints.unite.edu.mk/1027/
Identifier: oai:eprints.unite.edu.mk:1027
Identifier: https://eprints.unite.edu.mk/1027/1/Economic%20Vision%20170-173.pdfIdentifier: Beqiri, Xhevair and Zhaku, Sali and Oda, Arben (2022) EVALUATE THE BALANCE IN THE MARKET. International Scientific Journal in Economics, Finance, Business, Marketing, Management and Tourism, 9 (17-18). pp. 170-173. ISSN 2545-4544
