Demand perfectly price elastic immeasurable
Demand is perfectly price elastic when the price for Pixie's cheesy fried grits is a mostly unmeasurably small bit below the: (1) zero. (2) P1. (3) P2. (4) P3. (5) P4. Please choose the right answer from above...I want your suggestion for the same.
Demand is perfectly price elastic when the price for Pixie's cheesy fried grits is a mostly unmeasurably small bit below the: (1) zero. (2) P1. (3) P2. (4) P3. (5) P4.
Please choose the right answer from above...I want your suggestion for the same.
I have a problem in economics on possessing a problem of Moral Hazard. Please help me in the following question. The Moral hazard poses a problem if: (i) People with health insurance acquire flu shots. (ii) Persons who are sicker purchase health insur
Can someone help me in finding out the precise answer from the given options. The corporations might get internal financing by: (i) Borrowing from the stockholders. (ii) Reinvesting the corporate income rather than paying it out as the dividends to stockholders. (iii)
Which one of the following statements about discretionary fiscal policy is correct? A. Discretionary fiscal policy refers to changes in taxes and government expenditures made by Congress to stabilize the economy. B. Discretionary fiscal policy refers to any change in government spending or taxes
In a vague world, people are supposed to maximize their satisfaction through: (1) Finding in advance the mixture of goods which maximizes utility and then purchasing this mixture. (2) The procedure of trial and error. (3) Taking marginal decisions till disutility stop
Government payments generally provided into European nations which are roughly sufficient to feed and clothe each child within a family are parts of programs termed as: (w) Family Allowance Plans [FAPs]. (x) negative income taxes [NITs]. (y) indigent subsidy plans [IS
Governmentally-imposed obstacles to the entrance of new firms within a market are termed as: (1) regulatory barriers or legal barriers to entry. (2) strategic barriers to entry. (3) natural barriers to entry. (4) tax barriers to entry. (5) revenue blockades.
When an incumbent firm uses an edge pricing strategy: (w) this can maximize short run profits and discourage entry in the market. (x) this may not be maximizing short run profits, but this can make positive economic profits over the long run. (y) the
Supply curves for different kinds of capital goods are usually: (w) perfectly elastic. (x) perfectly inelastic. (y) upward sloping. (z) downward sloping. Can anybody suggest me the proper explanati
Compared to the requirement and equity standards, the contribution standard of income distribution refers to: (1) generate the weakest incentives for production. (2) best provide for people in poverty. (3) be most compatible along wit
A financial system's main economic reason is to: (w) channel savings to more efficient and productive uses. (x) print money to assist the government. (y) increase the money multiplier. (z) protect individuals against recessions.
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