Influence of Demand in the market price of good

I have a problem in economics on Influence of Demand in the market price of good. Please help me in the following question. In short run, a demand curve would not shift the following a change in: (i) The size and distribution of national income. (ii) Consumer preferences and tastes. (iii) The market price of good. (iv) Population size or age composition. (v) Consumer prospects of shortages.

Choose the accurate one.

View Complete Question

Related Questions in Microeconomics

Q : Define consumption function Consumption

Consumption function: The relationship among income and consumption is termed as consumption function.

Q : Perfectly price elasticity of supply

The supply of textile employees in China is possibly most like the perfectly price elastic supply curve within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Q : Pricing strategy In a competitive

In a competitive pricing strategy how does one can arrive for a multi-service practice where there are no specific products in question?

Q : Technology in supply I have a problem

I have a problem in economics on Technology in supply. Please help me in the following question. The bumper corn crop caused by the good weather would symbolize a raise in: (i) supply. (ii) Consumer’s tastes for corn. (iii) Demand. (iv) The price of corn. <

Q : Define revenue deficit Revenue deficit:

Revenue deficit: Whenever revenue expenses are greater than revenue receipts, it is termed as revenue deficit.

Q : Analytic Time-Short Run I have a

I have a problem in economics on Analytic Time-The Short Run. Please help me in the following question. In short run: (1) At least one resource is fixed. (2) Firms can enter or exit the industry. (3) Economies of the scale are present. (4) Total fixed cost rises with

Q : Marginal revenue for the pure monopolist

Give the answer of following question. Price exceeds marginal revenue for the pure monopolist because the: A) law of diminishing returns is inapplicable. B) demand curve is downsloping. C) monopolist produces a smaller output than would a purely competitive firm. D) d

Q : Price elasticity of supply problem The

The price elasticity of supply generally evaluates the ratio of relative: (i) Gain to the amounts firms supply at different prices. (ii) Price increase need to induce a firm to raise output. (iii) Change in the quantity supplied to a associative chang

Q : Supply of labor at different wage rates

The time people are willing and capable to work at different wage rates throughout a given period is termed as the: (1) supply of labor. (2) labor force participation rate. (3) marginal product of labor. (4) labor theory of value.

Q : Possible elasticity of brain power of TV

When doubling your viewing of soap operas to sixteen hours per week causes your IQ score to reduce from a genius level of 140 to a sluggish 70, your TV elasticity of brain power is possibly: (i) -1.0. (ii) +1.0. (iii) -2.0. (iv) 2.0. (v) -0.5.

Discover Q & A

Leading Solution Library

Avail More Than 1459780 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1956809
Asked

3,689

Active Tutors

1459780

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment