long run supply
Illustrate and explain using diagrams, the difference between long run supply in a constant cost individual firm and industry and an increasing cost firm and industry.
I have a problem in economics on Corporate Finance and Retained Earnings. Please help me in the following question. The corporate income reserved by the corporation subsequent to paying corporate income taxes and dividends to the owners of general sto
At each possible output level, there a purely competitive firm’s marginal revenue curve is: (w) above its demand curve. (x) below its demand curve. (y) identical along with its demand curve. (z) steeper than its demand curve. Q : Relation between average and marginal Describe the relation between average revenue and marginal revenue. whenever a firm can sell an extra unit or a good by lowering price.
Describe the relation between average revenue and marginal revenue. whenever a firm can sell an extra unit or a good by lowering price.
This competitive firm's fixed cost or TFC in demonstrated can be computed as area as: (i) 0P3fq4. (ii) P2P1de. (iii) P3P2ef. (iv) 0P2eq4. (v) aced. Q : Complementary of cross-price elasticity The most complementary of the given pairs of goods are: (1) organic vegetables and French fries. (2) polyester fabrics and cotton cloth. (3) transistor radios and televisions. (4) jogging shoes and bicycles. (5) pencils and erasers. Q : Average standard of living in Africa Elucidate briefly the average standard of living in Africa?
The most complementary of the given pairs of goods are: (1) organic vegetables and French fries. (2) polyester fabrics and cotton cloth. (3) transistor radios and televisions. (4) jogging shoes and bicycles. (5) pencils and erasers. Q : Average standard of living in Africa Elucidate briefly the average standard of living in Africa?
Elucidate briefly the average standard of living in Africa?
For a purely competitive industry a market-period supply curve would be: (i) curve A. (ii) curve B. (iii) curve C. (iv) curve D. (v) curve E. Q : Determining opportunity cost Suppose a Suppose a doctor has a private clinic in New Delhi and his annual earnings are of Rs10 lakh. When he works in a Government Hospital in New Delhi, his annual earnings are of Rs 8 lakh. Determine the opportunity cost of encompassing a clinic in New Delhi?
Suppose a doctor has a private clinic in New Delhi and his annual earnings are of Rs10 lakh. When he works in a Government Hospital in New Delhi, his annual earnings are of Rs 8 lakh. Determine the opportunity cost of encompassing a clinic in New Delhi?
When a successful cartel which cannot price discriminate maximizes the joint profits of its members: (1) the marginal social benefits of additional output exceed the marginal social costs of output. (2) this is impossible for any consumer to gain with
The supply curve which would best reflect the supply of 1940 a Packard 180 limousine is as: (i) supply curve S1. (ii) supply curve S2. (iii) supply curve S3. (iv) supply curve S4. (v) supply curve S5.
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