--%>

Elastic industry

What industry is perfectly elastic that is not agriculture?

   Related Questions in Microeconomics

  • Q : Comparison between supply curves

    Comparing supply curves S2 and S3, supply is: (w) more price elastic along S2 than along S3. (x) more price elastic along S3 than S2. (y) equally elastic along both when they have simil

  • Q : Under negative income tax the net income

    Under the negative income tax system demonstrated in this figure, where a family of four all along with earned income of $60,000 yearly would have a net [after-tax] income of: (1) $37,500 per year. (2) $42,500 per year. (3) $50,000 per year. (4) $55,0

  • Q : Define progressive in taxes as

    Line T0 depicts a tax system which is: (1) progressive. (2) recessive. (3) proportional. (4) biased. (5) regressive. 1577_</span></p>
                                        </div>
                                        <!-- /comment-box -->
                                    </li>
   
   </td>
	</tr><tr>
		<td>
       
      <li>
                                        <div class=

    Q : Determine average total cost curve

    LoCalLoCarbo has become the favorite of fad dieters. There in given figure curve D shows: (1) LoCalLoCarbo’s marginal cost curve. (2) LoCalLoCarbo’s average variable cost curve. (3) LoCalLoCarbo’s average total cost curve. (4) the market demand curve

  • Q : Another name of micro economics What is

    What is another name of micro economics? Answer: Price theory

  • Q : General law of demand I have problem in

    I have problem in this question based on law of demand. Provide me correct answer of this. Described the circumstances in which the "general law of demand" not hold?

  • Q : Words of Joseph A. Schumpeter about

    Joseph A. Schumpeter popularized and refined the concept that profits: (i) ultimately derive primarily from innovation. (ii) are necessary compensation to entrepreneurs for bearing uncertainty. (iii) are reduced by bureaucratic inefficiencies in firms

  • Q : Problem of How to Produce Describe the

    Describe the problem of How to Produce? Answer: This refers to the choice of techniques of production of services and goods and whether labor intensive or capital i

  • Q : Is binge drinking an economic trouble

    This binge drinking exercise observes why excessive drinking might be an economic trouble and the possible influences of government policy.

  • Q : Define Average Variable Cost Define

    Define Average Variable Cost. And also state its formula.