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JOURNALS // Proceedings of the Institute of Mathematics of the NAS of Belarus // Archive

Tr. Inst. Mat., 2009 Volume 17, Number 1, Pages 61–70 (Mi timb29)

Model of the first order of the monopoly market

B. S. Kalitin, V. V. Bezruk

Belarusian State University

Abstract: The mathematical model of the first order of the monopoly market with an explanation of the mechanism of an establishment of economic balance in the transaction “purchase and sale” is under construction. The formula of the equilibrium price of the goods or the service, depending on extreme values of the admissible prices is presented. The problem about stability of balance of the market basically and critical cases is investigated.

UDC: 33:517.925

Received: 18.04.2008



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