Inventory Continuous Model and Discrete in Economic
Year: 2018
Type: article
Abstract: The available of continuous and discrete model, illustrate the market effect in determination of volume and market price. This effect explains the average convergen and oscilation by determination the parameter exist before. Comparing to Cobweb with discrete model result the equilibrium while Cobweb with continuous model will have equilibrium where supply and demand price is the same.
Author: Aidawayati Rangkuti
Language: English
Topic: Economic theories and models
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W2901645066