maximizing firms, and perfectly competitive markets
bequest savings motive 储蓄的遗产动机
people save so that they can leave an inheritance to their children
Bertrand competition 伯特兰竞争
an oligopoly in which each firm believes that its rivals are committed to keeping their prices fixed and that customers can be lured away by offering lower prices
bilateral trade 双边贸易
trade between two parties
boom 繁荣
a period of time when resources are being fully used and GDP is growing steadily
C
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