Fixed cost in long run
Can there be certain fixed cost in long run? If not why? Answer: No, there can’t be any fixed cost in long run. The main reason is that there is no fixed input in long run.
Can there be certain fixed cost in long run? If not why?
Answer: No, there can’t be any fixed cost in long run. The main reason is that there is no fixed input in long run.
Robomatic Corporation could attain minimum average costs for RoboMaids when this produced: (1) 4,000 robots per month. (2) 6,000 robots per month. (3) 8,000 robots per month. (4) 10,000 robots per month. (5) 12,000 robots per month. Q : Price elasticity of demand coefficient Select the right ans wer of the question. The price elasticity of demand coefficient measures: 1) buyer responsiveness to price changes. 2) the extent to which a demand curve shifts as incomes change. 3) the slope of the demand curve. 4) how far business executives ca
Select the right ans wer of the question. The price elasticity of demand coefficient measures: 1) buyer responsiveness to price changes. 2) the extent to which a demand curve shifts as incomes change. 3) the slope of the demand curve. 4) how far business executives ca
Can someone help me in finding out the right answer from the given options. The diminishing marginal utility law defines that: (i) Net utility rises up to a point and then reduces as more units of good are consumed. (ii) Net utility reaches a negative value if the goo
The demand curve facing a pure monopoly is similar to the: (w) sum of demand curves which face pure competitors. (x) "kinked" demands at the going market price. (y) the market demand curve for its product. (z) the firm's marginal reve
I have a problem in economics on recession shrinks incomes on normal goods. Please help me in the following question. When a recession shrinks the incomes, then market demand for filet mignon (that is, a luxury) will proportionally: (1) Increase faster than income dro
Illustrations of individuals engaged in the productive activities would not comprise a: (1) Speculator who purchases wheat at harvest time and vends it at a higher price afterward. (2) Trucker who hauls the grain from North Dakota to the flour mill in
Curing scarcities in the market for ice cream needs: (i) Rises in the price of ice cream. (ii) Reduces in the supply of ice cream. (iii) Rises in the demand for ice cream. (iv) Reduction in the price of ice cream. (v) Burden of a price floor.
Meaning of ex-ante savings: Ex-ante savings are expected savings or planned savings.
At P = $100, there 50 tons of Garden-Rich fertilizer are demanded within Patagonia; at P = $80, there quantity demanded is 70 tons. Therefore price elasticity of demand for fertilizer: (w) 5/8. (x) 3/2. (y) 4/5. (z) 2/3.
Monopolistic competition is NOT described by: (1) P = MSC. (2) large numbers of sellers. (3) P = LRATC. (4) MR = MC. (5) differentiated products. Hey friends please give your opinion for the problem of Econ
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