Area below supply curve of resource
The area below a resource’s price line although above its supply curve is: (w) consumer surplus. (x) monopoly profit. (y) excess value. (z) economic rent. Can anybody suggest me the proper explanation for given problem regarding Economics generally?
The area below a resource’s price line although above its supply curve is: (w) consumer surplus. (x) monopoly profit. (y) excess value. (z) economic rent.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?
Both level of the employment by a firm and the average rate of monopsonistic exploitation of labor are raised when a firm is capable to: (1) Outsource by hiring low productive workers in the foreign countries. (2) Replace the workers with automation by an industrial r
I have a problem in economics on Problem on blue collar workers. Please help me in the following question. The labor unions have tended to be very successful in organizing: (i) White collar workers. (ii) Blue collar workers. (iii) Professionals. (iv) Clerical workers.
Separation of ownership or stockholders by control (management) into modern giant corporations tends to divide the economic functions of: (w) capitalists. (x) union leaders. (y) entrepreneurship. (z) bureaucrats. I
Different from Firm D, Firms A and B as well as C are all: (w) profitable firms that enjoys significant market power. (x) purely-competitive price-takers and quantity-adjusters. (y) pure monopolies. (z) perfectly inelastic suppliers. Q : Technology used in price and supply Can Can someone help me in finding out the precise answer from the given options. The citizens in lower 48 states utilize lots of wild Alaskan salmon till a major oil spill close to Anchorage spoils the fishing. The ____ of salmon will increase whereas the ____ reduces. (
Can someone help me in finding out the precise answer from the given options. The citizens in lower 48 states utilize lots of wild Alaskan salmon till a major oil spill close to Anchorage spoils the fishing. The ____ of salmon will increase whereas the ____ reduces. (
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Can someone please help me in finding out the accurate answer from the following question. The purely competitive labor markets are not characterized through: (1) Most of the individual buyers and sellers of the labor services. (2) Wages equivalent to the marginal res
When price falls and quantity rises along a negatively-sloped linear demand curve: (1) total revenues fall till elasticity equals zero, then this rises. (2) demand is decreasingly price elastic. (3) there is a contrad
What supply curve illustrates?
Effects of price ceiling: The consequences of price ceiling might be: A) Scarcity of the commodity B) The government might oblige rationing that is, supply of goods in limited q
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