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.
The assertion which unions are more powerful nowadays than ever before is: (i) Supported by the consequences of the union contracts on an inflationary spirals. (ii) Reflected in the growing proportion of workers included in violent, protracted and costly strikes. (iii
I have a problem in economics on Labor union monopoly. Please help me in the following question. As compared to pure competition, beneath a pure labor union monopoly, the wage will tend to: (1) Higher and employment will also be higher. (2) Lower and
Production possibility curve or PPC: PPC exhibits different combination of a pair of goods, that can be produced with the given resources and method of production, that are fully and proficiently utilized.
A firm possessing important market power may suffer by managerial slack [X-inefficiency] and unessential high costs, which implies that, the firm: (i) is likely to be absorbed through a predatory rival. (ii) realizes less than the max
HoloIMAGine has patented a holographic technology which creates 3-D photography obtainable to consumers. It maximizes profit at: (i) output q1. (ii) output q2. (iii) output q3. (iv) output q4. (v) output q5.
I have a problem in economics on market demand curve. Please help me in the following question. The market demand can be obtained via the: (1) Summation of all the quantities demanded whenever market is in equilibrium. (2) Vertical summation of each a
One of my friends can't discover the solution of this question. So he is not capable to complete his assignment. Give answer of this question. Are there any limits or constraints onto the enterprise’s capability to grow and change?
When increased demand causes the price of main beluga caviar to climb from $2750 to $3250 per pound and consequently world production rises from 24 to 40 tons yearly, its caviar has a price elasticity of supply approx
The only firm in this figure which has market power as a price maker is: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D. Q : Perfectly Competitive market condition In which market condition, the effect of an individual seller is (0) zero? Answer: In Perfectly Competitive market condition.
In which market condition, the effect of an individual seller is (0) zero? Answer: In Perfectly Competitive market condition.
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