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.
‘How be supposed to the government decide whether to spend in additional rail safety measures?’
Can someone please help me in finding out the accurate answer from the following question. The monopsonist will hire the labor until labor's marginal resource cost equivalents the: (i) Marginal revenue product of the labor. (ii) Marginal physical product. (iii) Value
Most of the U.S. capital investment is traceable to the financial investments by households, that is one way that private individuals: (i) Turn into capitalists. (ii) Save. (iii) Evade taxes. (iv) Avoid the circular flow of resources and income. Q : Problem on sellers utility function The The economy consists of a single buyer and a single seller. The buyer has the utility function b ln xB1 + xB2 with b ≤ 10. The seller has the
The economy consists of a single buyer and a single seller. The buyer has the utility function b ln xB1 + xB2 with b ≤ 10. The seller has the
Name the System of Note-issue in India. Answer: In India, the system of note-issue is the Minimum Reserve System. The RBI is needed to keep minimum reserves of Rs 2
Demand is perfectly price inelastic when the quantity demanded for Pixie’s cheesy fried grits is of: (w) zero. (x) P4. (y) P2. (z) More information is required. Q : Define cost Cost : This refers to the Cost: This refers to the money expenses acquired on the production of a specified amount of commodity.
Cost: This refers to the money expenses acquired on the production of a specified amount of commodity.
Several market structures may pivot around goods which are heterogeneous, however the only market structure that absolutely needs goods to be differentiated within the minds of consumers of: (1) perfect competition. (2) pure competition. (3) monopolistic competition.
When gasoline prices rise $.10 per gallon, Ima Driver decreases her gasoline consumption through 5 gallons monthly. Her price elasticity of demand for gasoline is about: (w) 2. (x) 1/2. (y) dependent upon the units used to express changes within price
The least price elastic within supply of the given items would be: (w) Ferrari racing cars. (x) tool kits imported by China. (y) wheat. (z) original Picasso drawings. I need a good answer on the topic of Ec
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