The development of the model of “groping” the equilibrium state is a model of the functioning of the market, built on the basis of an iterative method for solving convex programming problems, the essence of which is as follows: the problem of maximizing the upward convex functions of n-variables is considered. under the conditions of: […]
Tag: Presented
Total consumption and total savings
Optimization of macroeconomic proportions is achieved through the mechanism of supply and demand. Consider the problem of matching supply and demand in relation to the owners of capital and labor. Firms, whose administration acts as representatives of capital, produce products, earn money for it and demand labor. Workers offer their labor force, receive remuneration for […]