An Introduction to Static and Dynamic Analysis Erich Schneider. that this price would also hold good in the future , to introduce at once a complete adjustment of their productive equipment to this price p2 . But on our assumption this ...
... equilibrium be stable or unstable if: (i) demand and supply curves have both a negative slope, (ii) ∆D/∆P< ∆S/∆P? Distinguish between static and dynamic ... Pricing and Equilibrium: An Introduction to Static and Dynamic Analysis (London: ...