Define equilibrium price
Equilibrium price: The Equilibrium price refers to a price at which the market demand and market supply are equivalent.
A huge firm which slashes prices to drive smaller competitors out of business, and after that raises prices due to its enhanced market power is pursuing a strategy of: (1) predatory pricing. (2) cut-throat competition. (3) price discrimination. (4) ma
When planned savings are bigger or smaller than planned investment, then what will be its consequence on inventories? Answer: It will raise or reduce the inventorie
In the past 4 decades, the still increasing globalization of trade has caused the United State automobile market to evolve by: (i) highly concentrated oligopoly towards monopolistic competition. (ii) pure monopoly to pure competition. (iii) a cartel t
Consequences of the price floor: The consequences of price floor might be: (A) Surplus of the commodity (B) The government might resort to buffer stocks to absorb the excess in the market at the support price and sells the products to consumers beneat
These supply and demand curves within the sugar market specify that: (w) a price floor of P0 for sugar will cause a surplus. (x) a price ceiling of P2 will cause a shortage. (y) the market clears while quantity equals Q0
Taxes on pure land rents: (1) especially distort economic behavior. (2) are forward shifted to consumers. (3) transfer income from the public treasury to private landowners. (4) are allocatively neutral relative to most alternative taxes. (5) are over
how do you determine equilibrium for nurses in a monopsony
The market demand curve as in demonstrated figure for Christmas trees is: (i) curve A. (ii) curve E. (iii) curve F. (iv) curve G. (v) curve J. Q : Proprietorships-Limited liability Which Which of the given below is not a benefit of the sole proprietorship? (i) Limited liability. (ii) Easiness of organization. (iii) Flexibility. (iv) Freedom from govt. regulation. Choose the right answer from the above options.
Which of the given below is not a benefit of the sole proprietorship? (i) Limited liability. (ii) Easiness of organization. (iii) Flexibility. (iv) Freedom from govt. regulation. Choose the right answer from the above options.
The market demands for automobiles are not rapidly and directly influenced by modifications in: (i) Income. (ii) Gasoline prices. (iii) Salaries paid to auto-workers. (iv) The number of legal drivers. (v) Preferences and tastes. Discover Q & A Leading Solution Library Avail More Than 1429906 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1929588 Asked 3,689 Active Tutors 1429906 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1929588 Asked
3,689
Active Tutors
1429906
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!