Marginalism and characteristics
Explain about Marginalism and characteristics.
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Marginalism and its characteristics:
A firm may temporarily lower prices as well as earn negative profits in trying to: (w) drive rivals out of business. (x) find rivals to lower prices. (y) maximize current profit. (z) A rational firm would not do this. Q : Problem on Resource Costs Can someone Can someone help me in finding out the precise answer from the given options. A raise in the cost of resource inputs would lead to the: (1) Shift of the supply curve to right. (2) Shift of the supply curve to left. (3) Movement upward all along the su
Can someone help me in finding out the precise answer from the given options. A raise in the cost of resource inputs would lead to the: (1) Shift of the supply curve to right. (2) Shift of the supply curve to left. (3) Movement upward all along the su
Calculating the price elasticity of demand for DVD games for a price variation from $50 to zero in such demand curve is: (w) 0. (x) infinity. (y) mostly meaningless since elasticity changes continuously over such range. (z) 1.5. Q : Engage market power in price If this is possible, firms along with market power engage in price discrimination to: (i) defy civil rights legislation. (ii) help consumers. (iii) help the community. (iv) increase their profits. (v) reduce production costs.
If this is possible, firms along with market power engage in price discrimination to: (i) defy civil rights legislation. (ii) help consumers. (iii) help the community. (iv) increase their profits. (v) reduce production costs.
Can someone please help me in finding out the accurate answer from the following question. The monopolist in product market will hire a labor to a point where the: (i) Marginal revenue product of the labor equivalent its marginal factor cost. (ii) The value of margina
Short-run demand for the labor would be LEAST affected by the: (i) Productivity of resource. (ii) Prices of substitute resources. (iii) Demand for goods generated by the resource. (iv) Fixed costs of firm. Can someone please help m
Saving is positively related to and investment is negatively related to: (1) marginal benefits and marginal costs. (2) real interest rates. (3) returns onto alternatives. (4) expectations. (5) government surpluses and deficits. Q : What supply curve illustrates What What supply curve illustrates?
What supply curve illustrates?
In the United States, a mainstream of those living below “the poverty line”: (1) have televisions, automobiles, main appliances, and other amenities possessed only by the wealthy [when anyone] in earlier times and nowadays, only by the wea
Effects of price ceiling: The consequences of price ceiling might be: A) Scarcity of the commodity B) The government might oblige rationing that is, supply of goods in limited q
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