--%>
Assignment Help - homework help

Elasticity of demand of arc in demand

The arc elasticity of demand of Ajax for labor in between point b and point c is approximately: (1) 0.30. (2) 0.60. (3) 0.90. (4) one. (5) two.

1471_Elasticity of the Demand for Labor.png

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Economic of short-run shuts down firm

    When a firm shuts down within the short run, in that case it’s economic: (w) profit is zero. (x) resources have zero opportunity cost. (y) loss equals its fixed cost. (z) value to shareholders rises. Please guys help to solve

    		•
  • Q : When price of a good or resource drops

    When the price of a good or resource drops/falls, the demands for: (i) that good or resource rise. (ii) Complementary goods or resources reduce. (iii) Replacement of goods or resources reduces. (iv) Luxury goods and inferior resources drop/fall.

    		•
  • Q : Present Value of Annual Interest Rate

    When the annual interest rate is 11 percent and a small office building can be expected to lease perpetually for price of $33,000 annually, the building and also the land it sits onto have a present value of approximately: (1) $363,00

    		•
  • Q : Illustrations of transfer programs

    Illustrations of transfer programs do not comprises: (w) welfare payments. (x) food stamps. (y) aid for dependent children (AFDC). (z) corporate income taxes. Hello guys I want your advice. Please recommend some vi

    		•
  • Q : Microeconomics Assignment Please give

    Please give me a quote for this uploaded assignment. I need it by the 10th of may 2013. Thank You

    		•
  • Q : Derived Demand Can someone help me in

    Can someone help me in finding out the right answer from the given options. Demands for the productive resources are eventually ‘derived’ from the: (i) marginal utility they directly produce. (ii) Demands for the consumer services and goods. (iii) Disutili

    		•
  • Q : Purely competitive firms in long-run

    Purely competitive firms in long-run equilibrium as: (w) should use the most efficient technology available. (x) follow cut throat policies to produce more than society demands. (y) produce output levels where TC = TR = MR = MC = P = AR = AC. (z) have

    		•
  • Q : Discounted by an appropriate interest

    A fundamental principle of finance is that the net cash flows expected by an investment are: (w) all future revenues expected by the investment minus the purchase price of the capital. (x) negatively associated to the interest rates related with borrowing investment f

    		•
  • Q : Determine price when quantity demand

    If the demand for a good is price elastic, in that case the percentage change in quantity demanded into response to a specified change within price is: (1) greater than the percentage change in price. (2) positively related to the cha

    		•
  • Q : Boosting minimum wage laws Boosting

    Boosting minimum wage laws from $5 to $8 per hour is LEAST probable to: (w) give some unskilled workers with higher incomes. (x) cause some low-wage workers to lose their jobs. (y) raise friendship like a basis for employment. (z) decrease unemploymen

    		•