--%>
Assignment Help - homework help

Increment in demand raises the equilibrium

An increase within the demand for Swiss cheese will absolutely raise the equilibrium as:  (w) price when the supply of Swiss cheese shrinks over the same period. (x) quantity when the supply of cheese shrinks during the same period. (y) tax wedge when cheese is a regressively taxed good. (z) income of cheese makers and consumers both.

Hey friends please give your opinion for the problem of Economic that is given above.

   Related Questions in Managerial Economics

  • Q : Economic incidence of a tax imposing

    The economic incidence of a tax: (i) identical to its legal incidence. (ii) either forward-shifted to suppliers or backward-shifted to consumers. (iii) imposed on whoever suffers decreased purchasing power because of the tax. (iv) more easily found th

    		•
  • Q : Illustrates the important leading

    Illustrates the important leading indices?

    		•
  • Q : Explain the cost function in briefly

    Explain the cost function in briefly.

    		•
  • Q : Illustrates the meaning of Demand

    Illustrates the meaning of Demand?

    		•
  • Q : Equilibrium prices and quantities

    French toast and pancakes and both are close substitutes. Assume that good weather yields a bumper crop of pancakes and decreases the price of pancakes. Into the market for French toast: (1) equilibrium price and quantity both increase.(2) competition increases the su

    		•
  • Q : Market equlibrium challenges of

    challenges of Equilibrium picing in devloping countries

    		•
  • Q : Charging the competitive price in the

    An apparent monopoly might charge the competitive price in the long run when: (w) exit is costly. (x) entry and exit are relatively costless. (y) this is not a natural monopoly. (z) this is not regulated.

    Q : Forecasting demand what are the

    what are the criteria for good forecasting

    		•
  • Q : Fundamental goal of maximizing in firms

    Economists suppose that firms hire labor to further a fundamental goal of maximizing: (1) economic profit. (2) workers’ welfare. (3) economy-wide employment. (4) managerial compensation. (5) the total value of output.

  • Q : Most wage elastic at prevailing wages

    Demand is probable to be most wage elastic at prevailing wages for: (1) carpenters. (2) neurosurgeons. (3) computer programmers. (4) teenage employees of fast food restaurants. (5) economists. Can someone explain/h

    		•