Estimate elasticity of supply
When a 20 percent price hike causes quantity supplied to develop 50 percent, elasticity of supply is just about: (w) 5/2. (x) 2/5. (y) 2. (z) 1/2. Please choose the right answer from above...I want your suggestion for the same.
When a 20 percent price hike causes quantity supplied to develop 50 percent, elasticity of supply is just about: (w) 5/2. (x) 2/5. (y) 2. (z) 1/2.
Please choose the right answer from above...I want your suggestion for the same.
The Craft unions generally keep the wages of their members over the competitive level by: (1) Limiting competition among firms in product market. (2) Rising competition between firms in the product market. (3) Rising the supply of the labor in craft.
The idea which harsher and more certain punishment decreases cheating on examinations recommends that: (i) Normative values must guide the positive economics. (ii) Student honesty has refused in recent years. (iii) Macroeconomic reasoning as well applies to microecono
Can someone please help me in finding out the accurate answer from the following question. The biggest percentage of the corporate financing comes from: (i) Issuing general stock. (ii) Loans from financial institutions. (iii) Issuing the corporate bonds. (iv) Dividend
A perfectly inelastic demand curve: (w) is an imaginary mathematical construct, and does not exist within reality. (x) corresponds to a perfectly horizontal line. (y) represents a good which absorbs only a small portion of consumers’ budgets. (z
I have a problem in economics on Labor Contracts-Check-off Provisions problem. Please help me in the given question. The statement of check-off provision: (1) Was outlawed through Taft Hartley Act. (2) Is unlawful in union shops. (3) Simplifies the un
Suppose that all these given demonstrated curves in below are infinitely long straight lines. There supply curve that is perfectly price-inelastic is: (i) supply curve S1. (ii) supply curve S2. (iii) supply curve S3. (
A monopolist: (w) is a price taker in the sale of its product. (x) can charge any price this wishes without reducing profit. (y) is not a price taker into the sale of its product. (z) may or may not be a price taker within the sale of its product.
Can someone help me in finding out the right answer from the given options. All the profit maximizing organizations employ labor up to the point where: (1) MR MC is maximized. (2) VMP = MFC. (3) VMP = MRP. (4) MRP = MFC. (5) VMP = w.
I have a problem in economics on Right-to-Work Laws. Please help me in the following question. The supporters of unions might complain that right to work laws frequently permit non-union workers to: (i) ‘Free-ride’ by enjoying the union-negotiated advantag
When the last unit produced and sold adds $100 to revenue of a firm and $75 to its costs, this will: (a) increase output to increase profit. (b) reduce output to increase profit. (c) maintain similar level of output to maximize profit. (d) shut down. Discover Q & A Leading Solution Library Avail More Than 1448989 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1922348 Asked 3,689 Active Tutors 1448989 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1922348 Asked
3,689
Active Tutors
1448989
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!