Equilibrium GDP
Provide solution of this question. If the MPC is .70 and gross investment increases by $3 billion, the equilibrium GDP will: A) increase by $10 billion. B) increase by $2.10 billion. C) decrease by $4.29 billion. D) increase by $4.29 billion.
Explain about Marginalism and characteristics.
Marginal cost: It is the change in sum cost by generating one more or less unit of output.
Can someone please help me in finding out the precise answer from the following question. The standard economic assumption which firms attempt to maximize the profit: (i) Is the beginning point for most of the economists’ analyses of how to operate firms. (ii) C
Saving function: The relationship among saving and income is termed as saving function.
Long-run output and equilibrium price combinations describe a purely competitive industry’s: (w) demand curve. (x) long-run supply curve. (y) expansion path. (z) contract curve. I need a good answer on the to
Why is demand curve is beneath oligopoly indeterminate (i.e., uncertain)? Answer: Demand curve is indeterminate since of price war among sellers.
One of my friends can't succeed to get the answer of this question. Give solution of this question. Described the stages of production and in which stage will production occur and why?
Specified the shifts demonstrated in the market for peanuts, there is the: (1) price will fall.(2) quantity of output will rise slightly. (3) supply has fallen while demand has grown. (4) main adjustment happens in the quantity exchanged. (5) va
A monopoly firm must shut down in the short run when: (w) P < minimum [average total costs [ATC]]. (x) P > minimum [average total costs [ATC]]. (y) this cannot cover all variable costs. (z) P does not equal marginal costs [MC]. Q : Help In the quintile distribution of In the quintile distribution of income, the term "quintile" represents
In the quintile distribution of income, the term "quintile" represents
18,76,764
1957985 Asked
3,689
Active Tutors
1434977
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!