--%>
Assignment Help - homework help

Increasing cost industries when incurred losses

When resource supply curves facing an industry are positively sloped, in that case the exit of firms which have incurred losses will result in: (w) higher prices and lower output for the industry, although lower average production costs for the surviving firms. (x) higher prices and lower output by each firm, as well as higher average production costs. (y) reduced prices and rising output for the industry at higher average costs. (z) rising output along with higher average production costs and lower prices for the goods produced.

Hello guys I want your advice. Please recommend some views for above Economics problems.

   Related Questions in Microeconomics

  • Q : Problem based on production

    Refer to the given production possibilities curve and give  answer of following question . At the onset of the Second World War the Soviet Union was already at full employment. Its economic adjustment from peacetime to wartime can best be described by the movemen

    		•
  • Q : Decisions of market for loanable funds

    If considering the market for loanable funds, and the classical view of how interest is associated to people’s decisions to save is which: (w) interest income is the prime example of an unearned economic rent. (x) the primary reason for inequali

    		•
  • Q : Effect of an increase in the price

    Which of the following diagrams depictes(s) the effect of an increase in the price of Budweiser beer on the market for Coors beer? A) A and C. B) A only. C) B only. D) C only. 190_gh.pn</span></p> </div> <!-- /comment-box --> </li> </td> </tr><tr> <td> <li> <div class=

    Q : Optimization and Heuristics Can someone

    Can someone help me in finding out the right answer from the given options. No one can execute all the mental gymnastics essential to perfectly process information and hence all their decisions are mathematically optimal, therefore most of the people rely heavily on m

    		•
  • Q : Selling price by price elasticity of

    At the point upon the demand curve for Silver Screen Classic DVDs, here the price elasticity of demand is unitary, the price would be approximately: (i) $10, resulting in roughly 8 million DVDs being sold. (ii) $13, resulting in appro

    		•
  • Q : Analytic time in market structure In

    In this figure the firm probably to go out of business the soonest would be as: (w) Firm A. (x) Firm B. (y) Firm C. (z) Firm D. 298_Market Str</span></p> </div> <!-- /comment-box --> </li> </td> </tr><tr> <td> <li> <div class=

    Q : Demands of prosperous American families

    The demands of prosperous American families are most likely most income elastic for their: (i) vacations in Hawaii. (ii) higher education. (iii) cell phones. (iv) fast food meals. (v) gasoline. Ple

    		•
  • Q : Define Invisible items Invisible items

    Invisible items: All kinds of services that are rendered to or obtained from abroad are termed as invisible items. Such are invisible as these are not made up of any matter or material. The record of such items is not obtainable with the ports. Illust

    		•
  • Q : Question based on poverty rate Select

    Select the right ans wer of the question. Which of the following would we expect to contain the highest poverty rate? A) white households headed by males B) elderly white households C) white households headed by females D) African-American households headed by femal

    		•
  • Q : Pre-tax and pre transfer income

    From 1950, the pre-tax and pre transfer income distribution comprises: (w) become more equitably distributed. (x) remained about constant. (y) become less equitably distributed. (z) moderated because the rich and the poor both lost income to the middl

    		•