Ra Ximhai (Dec 2019)

MANAGEMENT OF TRANSPORT SUBSTITUTES FOR WORKERS IN PRIVATE COMPANIES

  • Danae Duana-Avila,
  • Karina Valencia-Sandoval

DOI
https://doi.org/10.35197/rx.15.03.2019.06.dd
Journal volume & issue
Vol. 15, no. 3
pp. 85 – 98

Abstract

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Since the research focuses on the economic behavior of consumers we start from the need to understand what the demand is. Following Varian's account of the economic theory of demand, he points out that demand is all the goods and services that the consumer is willing to withdraw from the market, assuming that his optimal choices depend on income and prices goods. In the case of consumers there are two elements that affect their optimal choice: prices and income, therefore in consumer theory (demand) comparative statics consists of investigating how demand aries when prices and incomes vary, If we keep fixed the prices of both goods and observe how demand varies when income varies, we will obtain a curve called the Engel curve, which shows us the variation of demand.

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