Lacking of competition-product market

Can someone help me in finding out the right answer from the given options? The lack of competition in the product market outcomes in: (p) Less labor being appointed than if the markets were competitive. (q) More labor being hired than if the markets were competitive. (r) Effectiveness in the resource allocations. (s) Lack of competition in labor market. (t) Monopsony power in labor market.

View Complete Question

Related Questions in Microeconomics

Q : Advantages of regional integration Give

Give the basic advantages of regional integration?

Q : Relation of transaction costs with

Transaction costs are costs mainly related with the: (w) transportation and gathering information about goods or resources. (x) direct production costs for goods. (y) inputs quite than outputs. (z) supply prices rather than demand prices.

Q : Standard categories of economic

Standard categories of economic discrimination which tend to make income less equally distributed do not comprise: (1) wage discrimination (2) employment discrimination (3) occupational discrimination (4) human capital discrimination (5) income discri

Q : Evidence of Asymmetric information Can

Can someone please help me in finding out the accurate answer from the following question. The Extensive fire damage in a neighborhood where almost everyone has fire insurance is an apparent evidence of: (1) Cost inflation in service sector. (2) Ineffective resource a

Q : Estimate profit-maximizing price The

The profit-maximizing price for RoboMaids is: (1) $24,000 per robot. (2) $20,000 per robot. (3) $16,000 per robot. (4) $12,000 per robot. (5) $10,000 per robot.

Q : Computations of price elasticity of

The price elasticity of demand in given figure below for DVD games among prices of $30 and $40 is roughly: (w) 3/7. (x) 7/3. (y) 1/21. (z) 21.

Q : Equilibrium interest rates on financial

Equilibrium interest rates on different financial securities tend to be negatively associated to: (1) the time remaining until an asset matures. (2) default, exchange rate, and interest rate riskiness of an asset. (3) liquidity. (4) savers’ time

Q : Total variable costs of

Total variable costs of this profit-maximizing lumber mill are approximately: (i) $2000 per day. (ii) $2400 per day. (iii) $2800 per day. (iv) $3200 per day. (v) $3600 per day.

Q : Goals of the Firm-Maximizing their

When top executives of the corporation pursue policies which maximize their personal incomes and advantages, the most likely outcome is that: (1) The Corporation will attempt to maximize the net revenue. (2) Stockholders in the corporation will experience the highest

Q : Estimation of total revenue in specific

Total revenue can be measured such as area: (1) 0bcq1. (2) 0adq2. (3) 0Peq2. (4) aPed. (5) None of the above.

Discover Q & A

Leading Solution Library

Avail More Than 1452840 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1950392
Asked

3,689

Active Tutors

1452840

Questions
Answered

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

Submit Assignment