Elastic industry
What industry is perfectly elastic that is not agriculture?
Government banks function: The central bank conducts the banking account of the government departments. This performs similar banking functions for the government as commercial bank executes for its customers. This accepts their deposits and undertake
If, throughout a period while video iPods are gaining popularity, the technology to create them enhances, in that case demand: (w) and supply would both decrease. (x) and supply would both increase. (y) increases when supply decreases. (z) decreases when supply
Explain the term Oligopoly? Also explain its Characteristics?
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How much loss can an industry bear? Answer: An industry can bear losses up to its total fixed costs.
The individual or organization which simultaneously purchases low and sells high in various markets is a/an: (i) Elevator. (ii) Speculator. (iii) Analyst. (iv) Arbitrageur. (v) Operator. Can someone please help me in finding out th
Separation of ownership or stockholders by control (management) into modern giant corporations tends to divide the economic functions of: (w) capitalists. (x) union leaders. (y) entrepreneurship. (z) bureaucrats. I
HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. When HoloIMAGine produces its profit-maximizing output, this is demonstrated as: (w) operating in the long run. (x) realizing an economic profit equ
When the resource supply curves of facing a competitive industry are positively sloped, in that case the exit of firms which have incurred losses will result within: (w) higher prices and lower output by each firm, and higher average production costs.
Capitalization is a process: (a) that converts fixed cost into variable cost. (b) by which predictable income flows are translated into wealth. (c) of financial intermediation by bankers. (d) of exploiting unskilled workers. Discover Q & A Leading Solution Library Avail More Than 1415624 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1953609 Asked 3,689 Active Tutors 1415624 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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