concentration ratio
Explain the concept of a concentration ratio. Is the concentration ratio in a monopolistically competitive industry likely to be higher than for a perfectly competitive industry
Which of the given commodities contain inelastic demand? A) Salt B) A particular brand of lipstick C) Medicines D) Mobile phone E) School uniform
I have a problem in economics on Analytic Time-The Market Period and Products Flow Model. Please help me in the following question. According to the Alfred Marshall, the period of time so short that output is fixed is: (1) Chronological run. (2) Marke
You are more probable to shop at a remote farmers’ market quite than buy apples at a local grocery store while: (w) possible, since produce is cheaper at the farmers’ market. (x) you would like to buy only vegetables and fruits. (y) the opportunity costs o
Question: a) Johnny consumes peanuts (x1) and a composite good (x2). His utility function is U = x1x2. His marginal utilities are MU1 = x<
Define? Marginal Rate of transformation?? Describe with the help of an illustration.
Elucidate the central problems of an economy: A) What to produce? B) How to produce? C) For whom to produce? Answer: Q : Diagonal line in perfect equality of The ratio of the area among the diagonal line of perfect equality and the Lorenz curve to the total area in the diagonal is the: (1) poverty index. (2) human capital coefficient. (3) needs coefficient. (4) negative-tax index. (5) Gini index.
The ratio of the area among the diagonal line of perfect equality and the Lorenz curve to the total area in the diagonal is the: (1) poverty index. (2) human capital coefficient. (3) needs coefficient. (4) negative-tax index. (5) Gini index.
This below figure demonstrates how consumption of goods A, B, C and D changes as a family’s income changes. When income increases, the income elasticity of demand is positive although declining for: (w) good A. (x) good B
Excess demand: If AD > AS at the full employment level. Then it is termed as Excess demand.
Savers who in that way make capital available to society are rewarded along with economic: (1) interest. (2) capital gains. (3) perpetuities. (4) profits. (5) rent. How can I solve my Econo
18,76,764
1961630 Asked
3,689
Active Tutors
1448746
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!