case study on Microeconomics
Hello, I did attach case study on Microeconomics. Regards,
Can someone please help me in finding out the accurate answer from the following question. The restrictive work rules which need firms to employ more workers than required are termed as: (1) Feather-bedding. (2) Seniority contracts. (3) Blacklisting regulations. (4) A
The curve which could demonstrate the demand for a good which has price elasticity equal to one is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Q : Define surplus budget Surplus budget: Surplus budget: When receipts of government are greater than its receipts, it is termed as surplus budget.
Surplus budget: When receipts of government are greater than its receipts, it is termed as surplus budget.
All currency issued by central bank is its monetary liability. Explain how? Answer: The Central Bank is grateful to back the currency with assets of equivalent valu
A monopolist produces where marginal revenue [MR] equals marginal costs [MC] when it needs to maximize: (i) total revenue. (ii) consumer surplus. (iii) profits. (iv) total revenue, producer surplus and profits. (v) job security.
Completing your degree is most probable to be a significant signal which will help you in securing a well-paid job with bright future when potential employers: (i) Want to make sure that job applicants have already acquired important amounts of precise human capital.
A perfectly competitive market within the long period: Data firm A: ATC = y2 4y + 12 an
‘In the real world there is no industry which conforms precisely to the economist’s model of perfect competition. This means that the model is of little practical value
Present market demands for most of the durable goods tend to rise if: (1) Their prices are predicted to rise in the near future. (2) Consumers expect growth in supplies of substitutes. (3) Technological advances make present models obsolete. (4) The p
When all firms in an oligopolistic industry raise and lower prices together, in that case it is most consistent along with: (w) the kinked demand curve. (x) price leadership models. (y) the herd instincts of investors. (z) competitive theories of cart
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