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.
Immobility of the labor is significant economically as: (1) Most of the people like to move, however cannot. (2) People in high salary occupations won't be completely compensated for the costs and difficulties related with their occupations. (3) It we
I have a problem in economics on Supply of curve in the short run. Please help me in the following question. The supply curve of milk would shift in the short-run in response to the modification in: (i) Price of the milk. (ii) Demand for the milk. (iii) Numbers and si
I have a problem in economics on how production increases the value of good. Please help me in the following question. The production of jewelry from valuable metals raises the value of a good by modifying its: (1) Time. (2) Possession. (3) Place. (4) Form.
Refer to the following diagrams give the answer of following question. In which case would the coefficient of income elasticity be positive? 1) A 2) B 3) C 4) D Q : Cost which is zero Which cost might Which cost might there if output is zero? Answer: Fixed cost
Which cost might there if output is zero? Answer: Fixed cost
Describe "in-market" mergers?An in-market merger is one which takes place among two banks operating in the similar geographic area, normally a city or metropolitan area. The merged institution frequently ends up with more than one branch in the
The resources of a firm in the long run which has consistently suffered economic losses are probably to: (i) move into a more profitable industry. (ii) share losses equal to the firm’s fixed costs. (iii) be merged into a firm along with better m
Asymmetric information is less difficult for the efficiency of laissez faire transactions whenever transactions: (i) Are voluntary and are predict to be repeated many times. (ii) Costs are relatively very high. (iii) Are regulated by the complex govt.
The demand curve an oligopolist faces is kinked at the current price when other firms into the industry: (1) face unitary elasticity of demand at their current output levels.(2) will match any price cuts although not price hikes. (3)
American workers tend to be additionally productive than their counterparts within Asia since they have: (1) less capital to work along with. (2) more capital to work with. (3) lower marginal products. (4) been instilled along with a stronger work eth
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