Perfect elasticity of demanded curve
The graph of a demand curve which is perfectly elastic is: (1) positively sloped. (2) horizontal. (3) vertical. (4) negatively sloped. (5) a 45° diagonal line. Can someone explain/help me with best solution about problem of Economics...
The graph of a demand curve which is perfectly elastic is: (1) positively sloped. (2) horizontal. (3) vertical. (4) negatively sloped. (5) a 45° diagonal line.
Can someone explain/help me with best solution about problem of Economics...
The economic cost borne by you as the college student which would be ignored by the bookkeeper whenever computing costs however that economists would consider the implicit cost of your education would be: (1) Food, similar costs and rent which you would incur even whe
The Department of the Census explains low relative income as experienced while families: (w) lack sufficient income to buy the fundamental food clothing and shelter required for survival. (x) would like to improve the
George Stigler concluded which the kinked demand curve model is incorrect to the extent that this depends on: (w) marginal cost pricing. (x) pure competition. (y) interdependent decision making. (z) sticky prices.
Can someone help me in finding out the right answer from the given options. The synonymous words marginal factor costs or the marginal resource costs signify to the: (i) Cost incurred in generating an additional unit of capital. (ii) Cost to the resource owner of secu
Can someone please help me in finding out the precise answer from the following question. John Kenneth Galbraith states that the big corporations: (i) Affects economic activity merely trivially. (ii) Have rigorously curbed the market competition. (iii) Employ resource
Brands of ready-to-eat cereal by Kellogg, Post, General Mills and Quaker [for example Frosted Flakes, Raisin Bran and Cheerios] account for more 85 percent of all breakfast cereals sold. Here the ready-to-eat cereal industry is an illustration of: (w)
The rise in the price of Pepsi will effect a: (1) Shift of the supply curve of Coke to left. (2) Shift of the supply curve of Pepsi to right. (3) Movement downwards all along the supply curve of Coke. (4) Movement up and to right all along the supply curve of Pepsi.
Open market operation signifies to the sale and purchase of securities by the Central Bank in case of deficient demand whenever AD falling short of AS at full employment, the Central Bank purchases securities in open market and makes payment to the se
Equilibrium price: The Equilibrium price refers to a price at which the market demand and market supply are equivalent.
Transaction costs tend to be decreased, consumer prices tend to be lower and additionally stable and economy-wide efficiency is enhanced if: (1) rigid wage and price controls are imposed. (2) central planning fosters
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