--%>
Assignment Help - homework help

Demand in a specific period

In adding up to price, the quantity of a good bought throughout a given period is recognized by: (1) Income. (2) Tastes and preferences. (3) Numbers of buyers in market. (4) Prices of associated goods. (e) All of above.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Price elasticity of demand on mid point

    When 900 tons of gourmet coffee beans are sold per month at $5.40 per pound but sales drop to 500 tons while its price rises to $7.20 per pound, the price elasticity of demand for that coffee based upon the mid-point or say arc formula is: (i) 2.0. (i

    		•
  • Q : Profit-maximizing firm in oligopoly

    Relative to firms into other market structures, there a profit-maximizing firm in an oligopoly: (1) is more efficient than firms in a perfectly competitive structure. (2) produces a larger level of output than firms within any other m

    		•
  • Q : Problem on Determinants of Demand I

    I have a problem in economics on Determinants of Demand. Please help me in the following question. Income and tastes most directly influence the: (i) Demand. (ii) Market equilibrium (iii) Prices. (iii) Quantities. (iv) Supply.

    Q : Kinked demand curve for an oligopoly A

    A kinked demand curve for an oligopoly is probably when: (1) all the rival firms face identical demand curves. (2) rival firms are expected to match price cuts, but not price hikes. (3) firms ignore their rivals’ strategies when

    		•
  • Q : Opportunity Cost to the User An

    An opportunity cost to the user, although not to society as an entire, which would be the: (w) accounting profits realized by a firm of CPAs. (x) interest paid by a borrower for a bank loan. (y) rent paid by a sharecropper to a plantation owner. (z) m

    		•
  • Q : Resource of supply curve The resource

    The resource probably to conform to the supply curve demonstrated in this figure would be: (1) housing. (2) capital. (3) labor. (4) land. (5) entrepreneurship.

    Q : Infinite price elasticity of supply The

    The price elasticity of supply in given grph is infinite therefore supply is perfectly price elastic within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Shrinking of Production possibilities

    The Production possibilities frontiers are most probable to shrink when: (1) National income becomes less fairly distributed. (2) High-tech agriculture reduces jobs for migrant farm workers. (3) A 3-hour nuclear war blasts technology back to Stone Age

    		•
  • Q : Individual firm in purely competitive

    In a purely competitive industry, the individual firm: (i) can raise the quantity demanded by lowering the price of its product. (ii) experiences substantial economies of scale. (iii) faces a completely inelastic demand curve. (iv) cannot influence th

    		•
  • Q : Production function Describe three

    Describe three properties of a variable proportions production function that make sure that it allow profit maximization and cost minimization.

    		•