Marginal revenue at monopolist unitarily elastic demand
At the quantity where a demand of monopolist is unitarily elastic, so marginal revenue is: (1) positive. (2) negative. (3) one. (4) zero. (5) infinite. Hey friends please give your opinion for the problem of Economics that is given above.
At the quantity where a demand of monopolist is unitarily elastic, so marginal revenue is: (1) positive. (2) negative. (3) one. (4) zero. (5) infinite.
Hey friends please give your opinion for the problem of Economics that is given above.
Payments for a resource into excess of the minimum needed to supply specified amounts of the resource are termed as: (1) economic rents. (2) wage premiums. (3) excess profits. (4) surplus values. (5) capitalization. Q : Define surplus budget Surplus budget: Surplus budget: When receipts of government are greater than its receipts, it is termed as surplus budget.
Surplus budget: When receipts of government are greater than its receipts, it is termed as surplus budget.
When the quantity of scuba lessons demanded through tourists in Hawaii increases from 800 to 1,000 weekly while the price falls from $60 to $40 per session, in that case the price elasticity of tourist demands for scuba lessons is: (1
I have a problem in economics on Maximization of the Goals of Firm. Please help me in the following question. The firm’s goal of profit maximization is most distantly analogous to: (i) Revenue maximization by the Internal Revenue Agents. (ii) Ma
Investments require: (w) current outlays, and yield current returns. (x) current outlays, and yield future returns. (y) future outlays, and yield current returns. (z) future outlays, and yield future returns. Pleas
Long run for the production theory is a time period across which: (i) All production occurs. (ii) Firms can adjust all their costs and resources. (iii) Bigger firms absorb the smaller firms. (iv) Marginal costs become decreasingly significant. (iv) Im
When the slope of a supply curve which goes through the basis equals one, supply is: (w) price elastic. (x) price inelastic. (y) unitarily price elastic. (z) indeterminate like to elasticity without more information. Q : Which of the following lists includes Which of the following lists includes only capital resources (and therefore no labor or land resources)?
Which of the following lists includes only capital resources (and therefore no labor or land resources)?
Can someone help me in finding out the precise answer from the given options. When consumers become willing and capable to purchase more of a good at each and every possible price, then the: (i) Demand curve shifts up-ward and to right. (ii) Quantity demanded increase
Can someone help me in finding out the right answer from the given options. When firms function in purely competitive labor markets that produce a fixed money wage of w, then firms maximize profit by hiring the labor where w = the
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