有限元分析法英文简介

有限元分析法英文简介
有限元分析法英文简介

The finite element analysis

Finite element method, the solving area is regarded as made up of many small in the node connected unit (a domain), the model gives the fundamental equation of sharding (sub-domain) approximation solution, due to the unit (a domain) can be divided into various shapes and sizes of different size, so it can well adapt to the complex geometry, complex material properties and complicated boundary conditions

Finite element model: is it real system idealized mathematical abstractions. Is composed of some simple shapes of unit, unit connection through the node, and under a certain load.

Finite element analysis: is the use of mathematical approximation method for real physical systems (geometry and loading conditions were simulated. And by using simple and interacting elements, namely unit, can use a limited number of unknown variables to approaching infinite unknown quantity of the real system.

Linear elastic finite element method is a ideal elastic body as the research object, considering the deformation based on small deformation assumption of. In this kind of problem, the stress and strain of the material is linear relationship, meet the generalized hooke's law; Stress and strain is linear, linear elastic problem boils down to solving linear equations, so only need less computation time. If the efficient method of solving algebraic equations can also help reduce the duration of finite element analysis.

Linear elastic finite element generally includes linear elastic statics analysis and linear elastic dynamics analysis from two aspects. The difference between the nonlinear problem and linear elastic problems:

1) nonlinear equation is nonlinear, and iteratively solving of general;

2) the nonlinear problem can't use superposition principle;

3) nonlinear problem is not there is always solution, sometimes

even no solution. Finite element to solve the nonlinear problem can be divided into the following three categories:

1) material nonlinear problems of stress and strain is nonlinear,

but the stress and strain is very small, a linear relationship between strain and displacement at this time, this kind of problem belongs to

the material nonlinear problems. Due to theoretically also cannot

provide the constitutive relation can be accepted, so, general nonlinear relations between stress and strain of the material based on the test data, sometimes, to simulate the nonlinear material properties available mathematical model though these models always have their limitations. More important material nonlinear problems in engineering practice are: nonlinear elastic (including piecewise linear elastic, elastic-plastic

and viscoplastic, creep, etc.

2) geometric nonlinear geometric nonlinear problems are caused due

to the nonlinear relationship between displacement. When the object the displacement is larger, the strain and displacement relationship is nonlinear relationship. Research on this kind of problem

Is assumes that the material of stress and strain is linear relationship. It consists of a large displacement problem of large

strain and large displacement little strain. Such as the structure of

the elastic buckling problem belongs to the large displacement little strain, rubber parts forming process for large strain.

3) nonlinear boundary problem in the processing, problems such as sealing, the impact of the role of contact and friction can not be ignored, belongs to the highly nonlinear contact boundary.

At ordinary times some contact problems, such as gear, stamping forming, rolling, rubber shock absorber, interference fit assembly, etc., when a structure and another structure or external boundary contact usually want to consider nonlinear boundary conditions. The actual nonlinear may appear at the same time these two or three kinds of nonlinear problems.

Finite element theoretical basis

Finite element method is based on variational principle and the weighted residual method, and the basic solving thought is the computational domain is divided into a finite number of non-overlapping unit, within each cell, select some appropriate nodes as solving the interpolation function, the differential equation of the variables in

the rewritten by the variable or its derivative selected interpolation node value and the function of linear expression, with the aid of variational principle or weighted residual method, the discrete solution of differential equation. Using different forms of weight function and interpolation function, constitute different finite element methods. 1. The weighted residual method and the weighted residual method of

weighted residual method of weighted residual method: refers to the weighted function is zero using make allowance for approximate solution of the differential equation method is called the weighted residual method. Is a kind of directly from the solution of differential equation and boundary conditions, to seek the approximate solution of boundary value problems of mathematical methods. Weighted residual method is to solve the differential equation of the approximate solution of a kind of effective method.

Hybrid method for the trial function selected is the most convenient, but under the condition of the same precision, the workload is the largest. For internal method and the boundary method basis function must be made in advance to meet certain conditions, the analysis of complex structures tend to have certain difficulty, but the trial function is established, the workload is small. No matter what method is used, when set up trial function should be paid attention to are the following:

(1) trial function should be composed of a subset of the complete function set. Have been using the trial function has the power series and trigonometric series, spline functions, beisaier, chebyshev, Legendre polynomial, and so on.

(2) the trial function should have until than to eliminate surplus weighted integral expression of the highest derivative low first order derivative continuity.

(3) the trial function should be special solution with analytical solution of the problem or problems associated with it. If computing problems with symmetry, should make full use of it. Obviously, any

independent complete set of functions can be used as weight function. According to the weight function of the different options for different weighted allowance calculation method, mainly include: collocation method, subdomain method, least square method, moment method and

galerkin method. The galerkin method has the highest accuracy.

Principle of virtual work: balance equations and geometric

equations of the equivalent integral form of "weak" virtual work principles include principle of virtual displacement and virtual stress principle, is the floorboard of the principle of virtual displacement

and virtual stress theory. They can be considered with some control equation of equivalent integral "weak" form. Principle of virtual work: get form any balanced force system in any state of deformation

coordinate condition on the virtual work is equal to zero, namely the system of virtual work force and internal force of

the sum of virtual work is equal to zero. The virtual displacement principle is the equilibrium equation and force boundary conditions of the equivalent integral form of "weak"; Virtual stress principle is geometric equation and displacement boundary condition of the equivalent integral form of "weak". Mechanical meaning of the virtual displacement principle: if the force system is balanced, they on the virtual displacement and virtual strain by the sum of the work is zero. On the other hand, if the force system in the virtual displacement (strain) and virtual and is equal to zero for the work, they must balance equation. Virtual displacement principle formulated the system of force balance, therefore, necessary and sufficient conditions. In general, the virtual displacement principle can not only suitable for linear elastic problems,

and can be used in the nonlinear elastic and elastic-plastic nonlinear problem.

Virtual mechanical meaning of stress principle: if the displacement is coordinated, the virtual stress and virtual boundary constraint counterforce in which they are the sum of the work is zero. On the other hand, if the virtual force system in which they are and is zero for the work, they must be meet the coordination. Virtual stress in principle, therefore, necessary and sufficient condition for the expression of displacement coordination. Virtual stress principle can be applied to different linear elastic and nonlinear elastic mechanics problem. But it must be pointed out that both principle of virtual displacement and virtual stress principle, rely on their geometric equation and equilibrium equation is based on the theory of small deformation, they cannot be directly applied to mechanical problems based on large deformation theory. 3,,,,, the minimum total potential energy method of minimum total potential energy method, the minimum strain energy method of minimum total potential energy method, the potential energy function in the object on the external load will cause deformation, the deformation force during the work done in the form of elastic energy stored in the object, is the strain energy.

The convergence of the finite element method, the convergence of the finite element method refers to when the grid gradually encryption, the finite element solution sequence converges to the exact solution; Or when the cell size is fixed, the more freedom degree each unit, the

finite element solutions tend to be more precise solution. Convergence condition of the convergence condition of the finite element finite element convergence condition of the convergence condition of the finite

element finite element includes the following four aspects: 1) within the unit, the displacement function must be continuous. Polynomial is single-valued continuous function, so choose polynomial as displacement function, to ensure continuity within the unit. 2) within the unit, the displacement function must include often strain. Total can be broken down into each unit of the state of strain does not depend on different locations within the cell strain and strain is decided by the point location of variables. When the size of the units is enough hours, unit of each point in the strain tend to be equal, unit deformation is uniform, so often strain becomes the main part of the strain. To reflect the state of strain unit, the unit must include the displacement functions often strain. 3) within the unit, the displacement function must include the rigid body displacement. Under normal circumstances, the cell for a bit of deformation displacement and displacement of rigid body displacement including two parts. Deformation displacement is associated with the changes in the object shape and volume, thus producing strain; The rigid body displacement changing the object position, don't change the shape and volume of the object, namely the rigid body displacement is not deformation displacement. Spatial displacement of an object includes three translational and three rotational displacement, a total of six rigid body displacements. Due to a unit involved in the other unit, other units do rigid body displacement deformation occurs will

drive unit, thus, to simulate real displacement of a unit, assume that the element displacement function must include the rigid body displacement. 4) the displacement function must be coordinated in public boundary of the adjacent cell. For general unit of coordination is

refers to the adjacent cell in public node have the same displacement,

but also have the same displacement along the edge of the unit, that is to say, to ensure that the unit does not occur from cracking and invade the overlap each other. To do this requires the function on the common boundary can be determined by the public node function value only. For general unit and coordination to ensure the continuity of the displacement of adjacent cell boundaries. However, between the plate and shell of the adjacent cell, also requires a displacement of the first derivative continuous, only in this way, to guarantee the strain energy of the structure is bounded. On the whole, coordination refers to the public on the border between neighboring units satisfy the continuity conditions. The first three, also called completeness conditions, meet the conditions of complete unit is complete unit; Article 4 is coordination requirements, meet the coordination unit coordination unit; Otherwise known as the coordinating units. Completeness requirement is necessary for convergence, all four meet, constitutes a necessary and sufficient condition for convergence. In practical application, to make the selected displacement functions all meet the requirements of completeness and harmony, it is difficult in some cases can relax the requirement for coordination. It should be pointed out that, sometimes the coordination unit than its corresponding coordination unit, its reason lies in the nature of the approximate solution. Assumed displacement function is equivalent to put the unit under constraint conditions, the unit deformation subject to the constraints, this just some alternative structure compared to the real structure. But the approximate structure due to allow cell separation, overlap, become soft, the stiffness of the unit or formed (such as round degree between continuous plate unit in the unit, and corner is discontinuous, just to pin point) for the coordination unit, the error of these two effects

have the possibility of cancellation, so sometimes use the coordination unit will get very good results. In engineering practice, the coordination of yuan must pass to use "small pieces after test". Average units or nodes average processing method of stress stress average units or nodes average processing method of stress average units or nodes average processing method of stress of the unit average or node average treatment method is the simplest method is to take stress results adjacent cell or surrounding nodes, the average value of stress.

1. Take an average of 2 adjacent unit stress. Take around nodes, the average value of stress

The basic steps of finite element method to solve the problem

The structural discretization structure discretization structure discretization structure discretization to discretization of the whole structure, will be divided into several units, through the node connected to each other between the units; 2. The stiffness matrix of each unit and each element stiffness matrix and the element stiffness matrix and the stiffness matrix of each unit (3) integrated global stiffness matrix integrated total stiffness matrix integrated overall stiffness matrix integrated total stiffness matrix and write out the general balance equations and write out the general balance equations and write out the general balance equations and write a general equation

4. Introduction of supporting conditions, the displacement of each node

5. Calculate the stress and strain in the unit to get the stress and strain of each cell and the cell of the stress and strain and the stress and strain of each cell.

For the finite element method, the basic ideas and steps can be summarized as: (1) to establish

integral equation, according to the principle of variational allowance and the weight function or equation principle of orthogonalization, establishment and integral expression of differential equations is equivalent to the initial-boundary value problem, this is the starting point of the finite element method. Unit (2) the area subdivision, according to the solution of the shape of the area and the physical characteristics of practical problems, cut area is divided into a number of mutual connection, overlap of unit. Regional unit is divided into finite element method of the preparation, this part of the workload is bigger, in addition to the cell and node number and determine the relationship between each other, also said the node coordinates, at the same time also need to list the natural boundary and essential boundary node number and the corresponding boundary value.

(3) determine the unit basis function, according to the unit and the approximate solution of node number in precision requirement, choose meet certain interpolation condition basis function interpolation function as a unit. Basis function in the finite element method is selected in the unit, due to the geometry of each unit has a rule in the selection of basis function can follow certain rules. (4) the unit will be analysis: to solve the function of each unit with unit basis functions to approximate the linear combination of expression; Then approximate function generation into the integral equation, and the unit area integral, can be obtained with undetermined coefficient (i.e., cell parameter value) of each node in the algebraic equations, known as the finite element equation.

(5) the overall synthesis: after the finite element equation, the area of all elements in the finite element equation according to certain principles of accumulation, the formation of general finite element equations. (6) boundary condition processing: general boundary

conditions there are three kinds of form, divided into the essential boundary conditions (dirichlet boundary condition) and natural boundary conditions (Riemann boundary conditions) and mixed boundary conditions (cauchy boundary conditions). Often in the integral expression for

natural boundary conditions, can be automatically satisfied. For

essential boundary conditions and mixed boundary conditions, should be

in a certain method to modify general finite element equations satisfies. Solving finite element equations (7) : based on the general finite element equations of boundary conditions are fixed, are all closed equations of the unknown quantity, and adopt appropriate numerical calculation method, the function value of each node can be obtained.

最新版微观经济学精品习题英文版 (with answer) (16)

Chapter 17 Monopolistic Competition 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. _ __. 11. 12. 13. 14. 15. 16. 17. 18. 19. 20. _ __. 1. Because monopolistically competitive firms produce differentiated products, each firm ( d ) a.faces a demand curve that is horizontal. b.faces a demand curve that is vertical. c.has no control over product price. d.has some control over product pric e. 2. Which of the following conditions distinguishes monopolistic competition from perfect competition? ( d ) a. Number of sellers. b. Freedom of entry and exit. c. Small size firms. d. Differentiation of product. 3. A firm in a monopolistically competitive market is similar to a monopolist in the sense that it ( b ) a.must overcome significant barriers to entry. b.faces a downward-sloping demand curve. c.there are no barriers to entry or exit. d.there is only one seller of the good. 4. If existing firms in the fast-food market, which is a monopolistically competitive market, realize sizable economic profits in the short run, the demand of existing firms will ( a ) a.decrease and become more elastic. b.decrease and become less elasti c. c.increase and become more elastic. d.increase and become less elastic.

微观经济学名词解释和中英文对照

【经济人】 从事经济活动的人所采取的经济行为都是力图以自己的最小经济代价去获得自己的最大经济利益。 【需求】 消费者在一定时期内在各种可能的价格水平愿意而且能够购买的该商品的数量。 【供给】 生产者在一定时期内在各种价格水平下愿意并且能够提供出售的该种商品的数量。 【均衡价格】。 一种商品的均衡价格是指该种商品的市场需求量和市场供给量相等时的价格。 【供求定理】。 其他条件不变的情况下,需求变动分别引起均衡价格和均衡数量的同方向的变动,供给变动引起均衡价格的反方向变动,引起均衡数量的同方向变动。 【经济模型】。 经济模型是指用来描述所研究的经济事物的有关经济变量之间相关关系的理论结构。 【弹性】 当一个经济变量发生1%的变动时,由它引起的另一个经济变量变动的百分比。 【弧弹性】 表示某商品需求曲线上两点之间的需求量的变动对于价格的变动的反应程度。 【点弹性】 表示需求曲线上某一点上的需求量变动对于价格变动的反应程度。 【需求的价格弹性】 表示在一定时期内一种商品的需求量变动对于该商品的价格变动的反应程度。或者说,表示在一定时期内当一种商品的价格变化百分之一时所引起的该商品的需求量变化的百分比。【需求的交叉价格弹性】。 表示在一定时期内一种商品的需求量的变动相对于它的相关商品的价格变动的反应程度。或者说,表示在一定时期内当一种商品的价格变化百分之一时所引起的另一种商品的需求量变化百分比。 【替代品】 如果两种商品之间能够相互替代以满足消费者的某一种欲望,则称这两种商品之间存在着替代关系,这两种商品互为替代品。 【需求的收入弹性】 需求的收入弹性表示在一定时期内消费者对某种商品的需求量变动对于消费者收入量变动的反应程度。或者说,表示在一定时期内当消费者的收入变化百分之一时所引起的商品需求量变化的百分比。 【恩格尔定律】。 在一个家庭或在一个国家中,食物支出在收入中所占的比例随着收入的增加而减少。用弹性的概念来表述它则可以是:对于一个家庭或一个国家来说,富裕程度越高,则食物支出的收入弹性就越小;反之,则越大。 【总效用和边际效用】 总效用是指消费者在一定时间内从一定数量的商品的消费中所得到的效用量的总和。边际效用是指消费者在一定时间内增加一单位商品的消费所得到的效用量的增量。 【边际效用递减规律】 在一定时间内,在其他商品的消费数量保持不变的情况下,随着消费者对某种商品消费的增

微观经济学 名词解释和中英文对照

【经济人】 从事经济活动得人所采取得经济行为都就是力图以自己得最小经济代价去获得自己得最大经济利益。 【需求】 消费者在一定时期内在各种可能得价格水平愿意而且能够购买得该商品得数量。 【供给】 生产者在一定时期内在各种价格水平下愿意并且能够提供出售得该种商品得数量。 【均衡价格】。 一种商品得均衡价格就是指该种商品得市场需求量与市场供给量相等时得价格。 【供求定理】。 其她条件不变得情况下,需求变动分别引起均衡价格与均衡数量得同方向得变动,供给变动引起均衡价格得反方向变动,引起均衡数量得同方向变动。 【经济模型】。 经济模型就是指用来描述所研究得经济事物得有关经济变量之间相关关系得理论结构。【弹性】 当一个经济变量发生1%得变动时,由它引起得另一个经济变量变动得百分比。 【弧弹性】 表示某商品需求曲线上两点之间得需求量得变动对于价格得变动得反应程度。 【点弹性】 表示需求曲线上某一点上得需求量变动对于价格变动得反应程度。 【需求得价格弹性】 表示在一定时期内一种商品得需求量变动对于该商品得价格变动得反应程度。或者说,表示在一定时期内当一种商品得价格变化百分之一时所引起得该商品得需求量变化得百分比。【需求得交叉价格弹性】。 表示在一定时期内一种商品得需求量得变动相对于它得相关商品得价格变动得反应程度。或者说,表示在一定时期内当一种商品得价格变化百分之一时所引起得另一种商品得需求量变化百分比。 【替代品】 如果两种商品之间能够相互替代以满足消费者得某一种欲望,则称这两种商品之间存在着替代关系,这两种商品互为替代品。 【需求得收入弹性】 需求得收入弹性表示在一定时期内消费者对某种商品得需求量变动对于消费者收入量变动得反应程度。或者说,表示在一定时期内当消费者得收入变化百分之一时所引起得商品需求量变化得百分比。 【恩格尔定律】。 在一个家庭或在一个国家中,食物支出在收入中所占得比例随着收入得增加而减少。用弹性得概念来表述它则可以就是:对于一个家庭或一个国家来说,富裕程度越高,则食物支出得收入弹性就越小;反之,则越大。 【总效用与边际效用】 总效用就是指消费者在一定时间内从一定数量得商品得消费中所得到得效用量得总与。边际效用就是指消费者在一定时间内增加一单位商品得消费所得到得效用量得增量。 【边际效用递减规律】 在一定时间内,在其她商品得消费数量保持不变得情况下,随着消费者对某种商品消费得增加,消费者从该商品连续增加得每一消费单位中所得到得效用增量即边际效用就是递减得。

曼昆微观经济学英文版课后练习题第一章

曼昆微观经济学英文版课后练习题第一章

————————————————————————————————作者:————————————————————————————————日期: 1

1 Chapter 1 Ten Principles of Economics Multiple Choice 1. The word that comes from the Greek word for "one who manages a household" is a. market. b. consumer. c. producer. d. economy. ANS: D DIF: 1 REF: 1-0 TOP: Economy MSC: Definitional 2. The word “economy” comes from the Greek word oikonomos , which means a. “environment.” b. “production.” c. “one who manages a househol d.” d. “one who makes decisions.” ANS: C DIF: 1 REF: 1-0 TOP: Economy MSC: Definitional 3. Resources are a. scarce for households but plentiful for economies. b. plentiful for households but scarce for economies. c. scarce for households and scarce for economies. d. plentiful for households and plentiful for economies. ANS: C DIF: 1 REF: 1-0 TOP: Resources, Scarcity MSC: Interpretive 4. Economics deals primarily with the concept of a. scarcity. b. poverty. c. change. d. power. ANS: A DIF: 1 REF: 1-0 TOP: Scarcity MSC: Definitional 5. Which of the following questions is not answered by the decisions that every society must make? a. What determines consumer preferences? b. What goods will be produced? c. Who will produce the goods? d. Who will consume the goods? ANS: A DIF: 2 REF: 1-0 TOP: Economies MSC: Interpretive 6. The overriding reason as to why households and societies face many decisions is that a. resources are scarce. b. goods and services are not scarce. c. incomes fluctuate with business cycles. d. people, by nature, tend to disagre e. ANS: A DIF: 2 REF: 1-0 TOP: Scarcity MSC: Interpretive 7. The phenomenon of scarcity stems from the fact that a. most economies’ production methods are not very good. b. in most economies, wealthy people consume disproportionate quantities of goods and services. c. governments restricts production of too many goods and services. d. resources are limited. ANS: D DIF: 2 REF: 1-0 TOP: Scarcity MSC: Interpretive

有限元分析法英文简介

The finite element analysis Finite element method, the solving area is regarded as made up of many small in the node connected unit (a domain), the model gives the fundamental equation of sharding (sub-domain) approximation solution, due to the unit (a domain) can be divided into various shapes and sizes of different size, so it can well adapt to the complex geometry, complex material properties and complicated boundary conditions Finite element model: is it real system idealized mathematical abstractions. Is composed of some simple shapes of unit, unit connection through the node, and under a certain load. Finite element analysis: is the use of mathematical approximation method for real physical systems (geometry and loading conditions were simulated. And by using simple and interacting elements, namely unit, can use a limited number of unknown variables to approaching infinite unknown quantity of the real system. Linear elastic finite element method is a ideal elastic body as the research object, considering the deformation based on small deformation assumption of. In this kind of problem, the stress and strain of the material is linear relationship, meet the generalized hooke's law; Stress and strain is linear, linear elastic problem boils down to solving linear equations, so only need less computation time. If the efficient method of solving algebraic equations can also help reduce the duration of finite element analysis.

微观经济学中各个字母缩写对应的中英文意思

微观经济学中各个字母缩写对应的中英文意思 Company number:【WTUT-WT88Y-W8BBGB-BWYTT-19998】

P:价格Price Q:数量Number D:需求Demand S供给Supply E:均衡(或期望)Equilibrium 效用Utility TU:Total utility总效用 MU:Marginal utility边际效用 CS: Consumer surplus消费者剩余 MRS:商品的边际替代率Marginal rate of substitution L:劳动力Labor TP:总产量 AP:平均产量 MP:边际产量 MRTS:边际技术替代率 STC:短期总成本土地( Land)成本(Capital) 边际效用( Marginal utility)利润(Profit)长期(Long run)TFC:总不变成本Total fixed cost TVC:总可变成本Total variable cost TC:总成本Total cost AFC:平均不变成本Average fixed cost AVC:平均可变成本Average variable cost) AC:平均总成本Average total cost 平均成本(Average cost) MC:边际成本Marginal cost LTC:长期总成本Long run total cost LAC:长期平均成本Long run average cost SAC:短期平均成本Short run average cost LMC:长期边际成本Long run marginal cost SMC:短期边际成本Short run marginal cost TR:总收益Total revenue AR:平均收益Average revenue MR:边际收益Marginal revenue

曼昆微观经济学课后练习英文答案(第七章)

rkets WHAT’S NEW IN THE SIXTH EDITION: There are no major changes to this chapter. LEARNING OBJECTIVES: By the end of this chapter, students should understand: the link between buyers’ willingness to pay for a good and the demand curve. how to define and measure consumer surplus. the link between sellers’ costs of producing a good and the supply curve. how to define and measure producer surplus. that the equilibrium of supply and demand maximizes total surplus in a market. CONTEXT AND PURPOSE: Chapter 7 is the first chapter in a three-chapter sequence on welfare economics and market efficiency. Chapter 7 employs the supply and demand model to develop consumer surplus and producer surplus as a measure of welfare and market efficiency. These concepts are then 7 CONSUMERS, PRODUCERS, AND THE EFFICIENCY OF MARKETS

有限元分析英文文献

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normal good正常物品 inferior good低档物品 substitutes替代品 complements互补品 quantity supplied供给量 law of supply供给定理 supply schedule供给表 supply curve供给曲线 equilibrium均衡 equilibrium price均衡价格 equilibrium quantity均衡数量 surplus过剩 shortage短缺 law of supply and demand供求定理 CHAPTER 5 elasticity弹性 price elasticity of demand需求价格弹性 total revenue总收益 income elasticity of demand需求收入弹性cross-price elasticity of demand需求的交叉价格弹性price elasticity of supply供给价格弹性

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曼昆微观经济学课后练 习英文答案 集团标准化办公室:[VV986T-J682P28-JP266L8-68PNN]

the link between buyers’ willingness to pay for a good and the demand curve. how to define and measure consumer surplus. the link between sellers’ costs of producing a good and the supply curve. how to define and measure producer surplus. that the equilibrium of supply and demand maximizes total surplus in a market. CONTEXT AND PURPOSE: Chapter 7 is the first chapter in a three-chapter sequence on welfare economics and market efficiency. Chapter 7 employs the supply and demand model to develop consumer surplus and producer surplus as a measure of welfare and market efficiency. These concepts are then utilized in Chapters 8 and 9 to determine the winners and losers from taxation and restrictions on international trade. The purpose of Chapter 7 is to develop welfare economics—the study of how the allocation of resources affects economic well-being. Chapters 4 through 6 employed supply and demand in a positive framework, which focused on the question, “What is the equilibrium price and quantity in a market” This chapter now addresses the normative question, “Is the equilibrium price and quantity in a market the best possible solution to the resource allocation problem, or is it simply the price and quantity that balance supply and demand” Students will discover that under most circumstances the equilibrium price and quantity is also the one that maximizes welfare.

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( t ) 4.Total surplus is the values to buyers minus the cost to sellers. ( f ) 5. When taxed is levied on the good in a competitive market, the tax revenue got by the government equals the fall in producer and consumer surplus. ( f ) 6. If the world price of a good exceeds the domestic price, the country should import the good instead to export it. ( t ) 7.In the presence of a negative externality, Q optimum is therefore larger than the Q market . ( f ) 8.Price always equals to marginal revenue for all kinds of firms. ( t ) 9. Demand curve for a monopoly firm is the market demand curve. ( f ) 10.In the long run, monopolistic competitive firms produce at their lowest average total cost. ,total 20 points) ( d ) 1. If the cross-price elasticity of demand for two goods is negative, these two good are? A. Luxury goods. B. Necessities. C. Substitutes. D. Complements. ( a ) 2. Although buyers and sellers share the burden of tax together, sellers share more if the good is ________ A. Food . B. Clothes. C. Housing.

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