Long run and short run costs
I have difficulty in this question. Provide me correct solution of this to submit my assignment. What is the relationship among long run and short run costs?
Select the right answer of the question. Which of the following is not an economic cost? A) wages. B) rents. C) economic profits. D) normal profits.
Elucidate the Secondary or Subsidiary function? Answer: 1) Standard of deferred payments: Money is executing as deferred Payment
Can someone please help me in finding out the accurate answer from the following question. The Economists view on the psychic income as the: (1) Explicit cost of the production. (2) Implicit cost of production. (3) Implicit revenue gathered by the firm's owner. (4) Ac
Tell me the answer of this question. Economists would describe the U.S. automobile industry as: A) purely competitive. B) an oligopoly. C) monopolistically competitive. D) a pure monopoly.
A sufficient general theory of oligopoly would: (w) merely blend elements from competitive and monopolistic models. (x) qualitatively account for interdependence in decision making in broad terms. (y) closely fit all types of oligopoly markets. (z) de
I have a problem in economics on Primary claimants to the firm’s income stream. Please help me in the following question. Primary claimants to the firm’s income stream would be least probable to comprise: (i) Entrepreneurs or owners of general stock. (ii)
In the year of 1996 McDonald's introduced its Arch Deluxe hamburger, which failed to catch on with the public and was subsequently dropped from the menu. This failure illustrates the idea of: A) consumer sovereignty. B) technological change. C) downsloping demand
Relationship between MPS and multiplier:K=1/1-MPC = 1/MPS or inverse relationship between MPS and the size of multiplier.
The supply of loanable funds varies positively along with the: (w) willingness of people to defer consumption into the future. (x) profitability and productivity of new capital investments. (y) price of the output which new capital will produce. (z) f
The interest rate will most likely rise when: (1) households decide to delay consumption, causing the loanable funds accessible for business investments to raise. (2) investors become more optimistic into relation with the profitability of investment.
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