General law of demand
I have problem in this question based on law of demand. Provide me correct answer of this. Described the circumstances in which the "general law of demand" not hold?
Why Features of monopolistic competition is monopolist in nature? Answer: (a) Control over price (b) Downward sloping demand curve
I have a problem in economics on Proprietorships and corporations. Please help me in the following question. Most of the firms in United States are organized as ________, however two-third of all gain is received by the _________. (1) Corporations; restricted partners
Location or site rents are as: (w) unrelated to the geographic location of a firm in a market. (x) determined from the fertility of land. (y) generated while a firm’s location allows this to charge more for its output or to pay less for its inpu
Can someone please help me in finding out the accurate answer from the following question. The prices beneath the intersections of supply and demand curves cause: (i) Shortages. (ii) Surpluses. (iii) Demands to expand. (iv) Inventories to grow. (v) Sc
Transfer payments and progressive tax policies are being determinate to: (w) reduce disparities in the distributions of income and wealth. (x) shift the Lorenz curve toward a position of less income equality. (y) have no net effect on income equality
The raise in the supply of potatoes is probable to decrease the: (i) Supply of potato harvesters. (ii) Demand for pasta and rice. (iii) Price of Big Macs. (iv) Quantity of ketchup people put on hot-dogs. (e) Budgets of most house-holds.
What is that market termed in which there are just two sellers (or firms)? Answer: Duopoly terms to a market condition in which there are only two sellers.
Tell me the answer of this question. Collective bargaining agreements cover: A) wages and hours. B) union status. C) seniority and job opportunities. D) all of the above.
From the 1950 year, severe poverty has declined most sharply in between people while they experience: (w) low levels of education. (x) discrimination in employment. (y) old age. (z) poor health. Can someone explain
Examine within your answer the circumstances that will enable a company to pass on cost increases to customers and protect profit margins. For example- price sensitivity of demand, rising food prices, cotton prices, etc.
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