demand of various vegetable
why demand change of onion in during one week due to change in it's price
Why is the ATC bigger than AVC? Answer: ATC is bigger than AVC since ATC comprises AVC and AFC
Below the competitive equilibrium output, restricting output will: (w) raise price above the competitive equilibrium price. (x) raise price above the marginal cost of the last unit produced. (y) generate a deadweight efficiency loss from underproducti
Price Rigidity: The other significant feature of oligopoly is price rigidity. Price is rigid or sticky at the prevailing level due to the fear of reaction from the rival firms. When an oligo
Explain the term Interest Rate Reinvestment Risk in detail?
Meaning of deflationary Gap: This is the gap among excess of aggregate supply over the aggregate demand at complete employment level.
Describe the relation between average revenue and marginal revenue. whenever a firm can sell an extra unit or a good by lowering price.
Welfare is explained as being received while: (w) the ratios of personal benefits received by government programs associate to taxes paid are greater than for the average citizen. (x) economic rents are earned by owners of inputs. (y) a productive inp
Since philosophers are hardworking and intelligent individuals who should acquire substantial human capital and advanced degrees to work like philosophers, in that case the shaded area B represents: (1) pure profit. (2) consumer surplus. (3) interest
Balance of trade: It is the distinction between imports and exports of a country which are valued.
This given figure as in below demonstrates how the consumption of goods A, B, C and D differs as a family’s income changes. There income elasticity of demand equivalents 1 for: (w) good A. (x) good B (y) good C. (z) good D
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