--%>
Assignment Help - homework help

Illustration of production process

The Physical space is an illustration of the: (i) An input in the production procedure. (ii) The constraint on the production. (iii) The labor used up in production. (iv) An output of production procedure.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Profits and losses in long run In the

    In the long run: (i) purely competitive firms make zero economic profits. (ii) monopolistically competitive firms make zero economic profits. (iii) effective barriers to entry may permit economic profits. (iv) oligopolists and monopolists may realize

    		•
  • Q : Shutdown point of monopoly firm A

    A monopoly firm must shut down in the short run when: (w) P < minimum [average total costs [ATC]]. (x) P > minimum [average total costs [ATC]]. (y) this cannot cover all variable costs. (z) P does not equal marginal costs [MC].

    Q : Wages-Portion of costs Assume that a

    Assume that a firm with market power in output market wishes to grow up and that hiring more workers needs it to increase wages 8% for all the workers. Output prices will most likely: (1) Increase 8% to cover the wage raise. (2) Increase less than 8% as wages are only

    		•
  • Q : Define open Market operation Open

    Open Market operation: Open Market operations term to the purchase or sale of government securities in an open market by the central bank of country.

    		•
  • Q : How is Economic policy more scientific

    Which of the given LEAST describes the widespread but erroneous view which economists seldom agree: (1) The media focuses upon controversy, not agreement. (2) Political considerations, more than economic logic, find out policies. (3) Some economists may feel obligated

    		•
  • Q : Problem on monetary prices In adding up

    In adding up to monetary prices, the costs of buying and selling comprise: (1) Wage payments. (2) Monopoly gains. (3) Social advantages. (4) Transaction costs. (5) Pecuniary externalities. Please someone suggest me

    		•
  • Q : Felicific calculation of utilitarianism

    The supposition that a ‘felicific calculation’ gives a proficient guide for fitting punishment to the crime committed is an integral portion of: (1) Gresham’s Law that ‘Bad will drive out Good’. (2) Jeremy Bentham’s utilitarianism.

    		•
  • Q : Securing financing for economic capital

    Can someone help me in finding out the most precise answer from the given options. Securing financing for the economic capital for a corporation can’t be accomplished by: (i) Issuing common stock. (ii) Issuing the corporate bonds. (iii) Securing the majority of

    		•
  • Q : Supply of bonds for demand for loanable

    An increase in the supply of bonds tends to: (1) reduce the interest rate. (2) occur simultaneously with an increase in the demand for loanable funds. (3) yield an increase gross investment but a decrease in net investment. (4) drive up the prices of

    		•
  • Q : Decreased market demand for generic 2×4s

    Decreased market demand for generic 2×4s as in illustrated graph would result within a(n) ___________ into the price of 2×4s as well as a(n) ___________ in this lumber mill’s profit-maximizing output. (w) increase; decrease. (x) incr

    		•