Least probable resource for supply curve
The resource least probable to conform to the supply curve demonstrated in this figure would be: (w) land. (x) capital. (y) labor. (z) entrepreneurship. Can anybody suggest me the proper explanation for given problem regarding Economics generally?
The resource least probable to conform to the supply curve demonstrated in this figure would be: (w) land. (x) capital. (y) labor. (z) entrepreneurship.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?
is the price in the "law of demand" a relative price or an absolute price
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At the whole prices where quantity demanded is zero, there the: (w) slope of the demand curve is zero. (x) price elasticity of demand is zero. (y) supply curve has infinite slope. (z) price elasticity of demand is imperfectly defined. Discover Q & A Leading Solution Library Avail More Than 1433009 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1951253 Asked 3,689 Active Tutors 1433009 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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