Define marginal cost
Marginal cost: It is the change in sum cost by generating one more or less unit of output.
Profit is maximized when this purely-competitive brickyard constructs at: (i) point a. (ii) point b. (iii) point c. (iv) point d. (v) point e. Q : Generating utility through production I I have a problem in economics on Generating utility through production. Please help me in the following question. The production generates utility by making a good more precious in: (1) Possession. (2) Time. (3) Form. (4) Place. (5) All the above. Q : Economic losses generate competitive Economic losses in an industry generate competitive pressures which cause: (1) industry output to fall. (2) market price to decrease. (3) each firm’s short-run output to increase. (4) rising costs for industry inputs. (5) firms to expand product
I have a problem in economics on Generating utility through production. Please help me in the following question. The production generates utility by making a good more precious in: (1) Possession. (2) Time. (3) Form. (4) Place. (5) All the above. Q : Economic losses generate competitive Economic losses in an industry generate competitive pressures which cause: (1) industry output to fall. (2) market price to decrease. (3) each firm’s short-run output to increase. (4) rising costs for industry inputs. (5) firms to expand product
Economic losses in an industry generate competitive pressures which cause: (1) industry output to fall. (2) market price to decrease. (3) each firm’s short-run output to increase. (4) rising costs for industry inputs. (5) firms to expand product
The demand curve facing an unregulated non-discriminating monopolist is NOT: (w) similar as the industry's demand curve. (x) downward sloping. (y) more elastic than the demand curve facing a competitive firm. (z) various from its marg
One who buys gold into London and after that sells that instantly in Boston for a higher price is: (1) monopolist. (2) capitalist. (3) speculator. (4) auctioneer. (5) arbitrageur. Can anybody suggest me the proper explanation for g
The site value of the physical location of an enterprise tends to be very negatively associated to the: (w) transactions costs incurred by the firm’s customers and resource suppliers. (x) fertility of a parcel of land. (y) physical characteristi
When milk prices increase from $2 to $3 per gallon and sales fall by 600,000 gallons to 400,000 gallons monthly, then demand for milk is: (w) relatively price elastic. (x) unitarily price elasticity. (y) a 45 degree, negatively sloped
Elucidate what the following statement by handel means and give an argument to either support or oppose the contention. Things might be exist independently of our accounts, however they have no human existence until the
In which form of market, the demand curve is more elastic and why? Answer: Demand curve is more elastic under monopolistic since of the availability of close substitute.
I have a problem in economics on Demand of Substitute Goods. Please help me in the following question. All as well equivalent, raised prices for a new Toyotas will most instantly rise the: (1) Price cuts essential for ‘lemons’ to be sold b
18,76,764
1939780 Asked
3,689
Active Tutors
1452864
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!