Demand function
I am not able to determine the answer of the question. Help me in completing my assignment by giving solution of this question. Why does always the factor input demand function slope downward?
The clearest signals of the opportunity costs to society of funding one investment in place of another are relative: (w) interest rates, expected rates of return, and also expected economic profit. (x) production costs for various goo
Select the right answer of the question. U.S. export transactions create: A) a U.S. demand for foreign monies and the satisfaction of this demand decreases the supplies of dollars held by foreign banks. B) a U.S. demand for foreign monies and the satisfaction of this
For identical level of guaranteed transfer payments, the earn income and incentive to work is probable to be: (w) greater with a negative income tax than with transfers in kind. (x) greater with transfers in kind than
When a monopolistically competitive firm is in long-run equilibrium, in that case this is unlikely for: (w) MR = MC. (x) P to be greater than MC. (y) P to be greater than the minimum of the long run average cost curve. (z) accounting
Differences into the demands for various resources, into the talents and kinds of labor people possess, within labor/leisure trade-offs, into inheritances, and by luck all play roles into explaining: (1) differences in income among individuals. (2) the term structure
Economic good becomes an economic bad whenever consumption is expanded into an area where: (1) Marginal returns are reducing. (2) Sellers experience an honest hazard. (3) Marginal utility is negative. (4) Buyers suffer from unfavorable choice. (5) Exc
Monopolistic competitors: (1) base decisions on the anticipated reactions of their many individual competitors. (2) can easily enter but not exit industries. (3) may sometimes act like monopolists and gain economic profits in the short run because of
A profit-maximizing firm must not undertake a R&D project for which the: 1) Expected rate of return exceeds its interest-rate cost of funds. 2) interest-rate cost of funds exceeds the expected rate of return. 3) expected returns are in the distant future. 4) the e
What are the causes for diminishing returns to factor? Answer: 1) Over utilization of
The thought that the desire of people to purchase goods is culturally recognized as opposed to the price determined is the vision of: (i) Irving Fisher. (ii) Karl Marx. (iii) Thorstein Veblen. (iv) Ludwig von Mises. (v) Antoine Augustin. Discover Q & A Leading Solution Library Avail More Than 1422183 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1956111 Asked 3,689 Active Tutors 1422183 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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