Area above supply curve of resource
The area above a resource’s supply curve although below its price is a pure: (w) economic rent. (x) consumer surplus. (y) capitalization. (z) monopoly profit. Please choose the right answer from above...I want your suggestion for the same.
The area above a resource’s supply curve although below its price is a pure: (w) economic rent. (x) consumer surplus. (y) capitalization. (z) monopoly profit.
Please choose the right answer from above...I want your suggestion for the same.
A marginal tax rate of 30 percent and income floor of $6,000 yields a break even income of: (w) $20,000 (x) $1,800 (y) $4,200 (z) $7,800 Hey friends please give your opinion for the problem of
I have a problem in economics on Ownership shares in corporation. Please help me in the following question. The Ownership shares in a corporation are termed as: (1) Bonds. (2) Entrepreneurial capital. (3) Common stock. (4) Total worth. (5) Retained equity.
What is APC? Answer: APC= C/Y.The ratio of income to consumption is termed as APC.
Concern regarding the quality of government is income elastic for mainly people that imply that higher incomes and prosperity tend to: (w) increase people’s participation in political processes. (x) reduce efforts to solve political problems. (y
To economists, the noun ‘market’ signifies to: (1) The geographic place where many products are sold. (2) Any institution which enables sellers and buyers to strike bargains. (3) The New York Stock Exchange. (4) Selling goods and resources or stocks and bo
How much loss can an industry bear? Answer: An industry can bear losses up to its total fixed costs.
Extensively accepted normative objectives for microeconomic comprise: (1) full employment and balanced economic development. (2) a stable price level and maximum purchasing power. (3) efficiency, equity and freedom. (4) job security and equality within the distributio
The minimum revenue which will induce a firm to produce a specified output in place of shutting down into the short run is the: (a) maximum such consumers are willing to pay for that output. (b) total variable cost of producing such output. (c) short-
I have a problem in economics on Problems regarding Attributes of Goods. Please help me in the following question. The intrinsic characteristics which make or detract from the satisfaction derived from consuming a good are termed as: (1) Attributes. (2) Factors. (3) U
The individual who wants to begin up a business, however who not want to risk in losing personal property if the business fails, must organizes the business as: (1) Sole proprietorship. (2) Partnership. (3) Corporation. (4) Unlimited partnership. Discover Q & A Leading Solution Library Avail More Than 1428824 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1952150 Asked 3,689 Active Tutors 1428824 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1952150 Asked
3,689
Active Tutors
1428824
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!