--%>

long-run

In the long-run, an increase in consumer desire for strawberries is most likely to:

   Related Questions in Microeconomics

  • Q : Synonym of Word Inequity Of the given,

    Of the given, the closest synonym for the word inequity is: (w) inequality. (x) disproportional. (y) unfairness. (z) regressivity. Can someone explain/help me with best solution about problem of Economics

  • Q : Advantages to sole proprietorships and

    The benefits to sole partnerships and proprietorships associative to the corporations are that both contribute to: (1) Lack of permanence. (2) Limitless financial resources. (3) Limitless liability. (4) Simplicity of organization.

    Q : Define excess demand Excess demand : If

    Excess demand: If AD > AS at the full employment level. Then it is termed as Excess demand.

  • Q : Subsidies on a good for buyers and

    Government subsidies on a good because of: (w) less of the good to be produced and purchased. (x) prolonged excess demands for the good. (y) buyers to pay lower prices, when sellers receive higher prices. (z) prolonged shortages of the good.

  • Q : Effects of Globalization On Indian

    On Indian industry what are the effects of globalization?

  • Q : Determine elasticity of supply when

    When a $5 price hike raises the number of tanks of dehydrated water supplied into this market from point a to point b, there elasticity of supply is: (w) 4.5. (x) 3.0. (y) 1.5. (z) 0.5.

    Q : Price elasticity of demand over price

    When the price Pixie’s Restaurant charges for its well-known cheesy fried grits rises from $2 to $4 and quantity demanded falls from 750 to 500 servings weekly, the price elasticity of demand over such price range is approximate

  • Q : Domestic production possibilities curve

    Refer to the following domestic production possibilities curve for Karalex. The gain to Karalex from specialization and international trade is represented by a move from: 1) A to B. 2) C to A. 3) C to D. 4) B to E.

    Q : Relation between Implicit Costs and

    I have a problem in economics on Relation between Implicit Costs and Opportunity costs. Please help me in the following question. The Implicit costs are: (1) Opportunity costs. (2) Always variable costs. (3) Similar as the accounting costs. (4) Similar as the explicit

  • Q : Competitive industry widespread

    When a competitive industry experiences widespread economic profits into the short run, in that case in the long run: (w) new firms will enter and prices will fall. (x) entry barriers will be erected. (y) resource costs must fall. (z) dominant firms b