Elastic industry
What industry is perfectly elastic that is not agriculture?
Dividing the annuity of the perpetuity by the interest rate gives in the perpetuity’s: (w) rate of return. (x) present value. (y) internal rate of discount. (z) capitalization rate. Can someo
When cost structures and the market demands facing each of the given types of firms were identical, in that case the greatest profits would be generated through a: (1) pure monopolist. (2) price discriminating monopolist. (3) perfectly competitive fir
Fiscal deficit is equavalent to excess of total expenditure over the sum of revenue and capital receipts excluding borrowings. That is, Fiscal deficit means borrowing of the government. Fiscal Deficit :T
A monopolistically competitive firm: (w) confronts a perfectly elastic demand curve. (x) is a price taker. (y) faces stiff competition from many competitors producing close substitutes for its product. (z) consciously considers potential responses by
Give two illustrations of Micro economic variables studies. Answer: a. Individual demand b. Individual savings
If this illustrated figure given Lorenz curves for distribution of income after taxes and transfers, the probably short run effects of 10 percent increases within both income tax rates and government transfer
I have a problem in economics on Labor Contracts-Check-off Provisions problem. Please help me in the given question. The statement of check-off provision: (1) Was outlawed through Taft Hartley Act. (2) Is unlawful in union shops. (3) Simplifies the un
The Lorenz curve gives an indication of: (w) the poverty rate. (x) dead end poverty. (y) relative poverty. (z) post-transfer poverty. Can someone explain/help me with best solution about problem of Economic
One of my friends can't succeed to get the solution of this question. Give me solution of this question. Under what circumstances can monopolistic competition and oligopoly describe stable prices?
The Law of Demand mainly relies heavily on the: (1) Buying power consequences of relative price modifications. (2) Substitution effect resultant from the relative price changes. (3) Increase in opportunity costs as income is worn out. (4) Principle of the non satiety.
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