Other determinants that producers want to sell
In addition to price, what are the other determinants that producers want to sell?
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In addition to price, the other determinants of how much producers want to sell comprise input prices, expectations, technology, and the number of sellers. When one of such factors alters, the supply curve shifts.
When supplies of some resources are upwardly sloping to an industry, in that case increasing the industry’s output results within: (w) higher output due to increased profits from falling input prices. (x) reductions of output because of increase
Pure economic profits are NOT: (w) normal costs of production. (x) reduced to “normal” levels in long-run pure competition. (y) zero in long run monopolistic competition. (z) possible under pure competition in the short-run.
A profit-maximizing firm must not undertake a R&D project for which the: 1) Expected rate of return exceeds its interest-rate cost of funds. 2) interest-rate cost of funds exceeds the expected rate of return. 3) expected returns are in the distant future. 4) the e
I have a problem in economics on Demand Curve when price is cut. Please help me in the following question. When the price of Snapple is cut, then: (1) The lower quantity of Snapple is demanded. (2) A bigger quantity of Snapple is demanded. (3) Demand for the Snapple r
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The international market for the auto industry in the 21st century is probably best described as a blend of: (1) pure and monopolistic competition. (2) monopolistic competition and oligopoly. (3) oligopoly and cartel. (4) technological obso
A monopoly is a type of market structure in that one: (w) seller produces whole industry’s output. (x) giant firm is a price taker. (y) barrier to entry exists. (z) giant firm is the single buyer of resources. Q : Marginal cost Give the answer of Give the answer of following question. Refer to the given data. The marginal cost of producing the sixth unit of output is: A) $24. B) $12. C) $16. D) $8. Q : Characterized purely-competitive markets Purely-competitive markets are NOT characterized through: (i) substantial barriers to entry and exit. (ii) many small potential buyers. (iii) many small potential sellers. (iv) homogeneous products. (v) zero long-run economic profits. Discover Q & A Leading Solution Library Avail More Than 1418137 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1961038 Asked 3,689 Active Tutors 1418137 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
Give the answer of following question. Refer to the given data. The marginal cost of producing the sixth unit of output is: A) $24. B) $12. C) $16. D) $8. Q : Characterized purely-competitive markets Purely-competitive markets are NOT characterized through: (i) substantial barriers to entry and exit. (ii) many small potential buyers. (iii) many small potential sellers. (iv) homogeneous products. (v) zero long-run economic profits. Discover Q & A Leading Solution Library Avail More Than 1418137 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1961038 Asked 3,689 Active Tutors 1418137 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
Purely-competitive markets are NOT characterized through: (i) substantial barriers to entry and exit. (ii) many small potential buyers. (iii) many small potential sellers. (iv) homogeneous products. (v) zero long-run economic profits. Discover Q & A Leading Solution Library Avail More Than 1418137 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1961038 Asked 3,689 Active Tutors 1418137 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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