--%>
Assignment Help - homework help

Perfectly price elastic demand

For Cournot’s Spring Water the demand is perfectly price elastic at:  (i) point a. (ii) point b. (iii) point c (iv) point d. (v) point e.

984_Elasticity and Total Revenue.png

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Right-to-Work Laws-agency shop I have a

    I have a problem in economics on Right-to-Work Laws-agency shop. Please help me in the given question. In states with right-to-work laws, non-union members can’t ‘free-ride’ when the union negotiates a/an: (1) Closed shop. (2) Open shop. (3) Union sh

    		•
  • Q : Labor market-Monopsony power Can

    Can someone please help me in finding out the accurate answer from the following question. The firm probable to encompass significant monopsony power in its labor market would be: (1) Big cotton farm in the Texas hiring migrant workers. (2) Textile manufacturer in Hon

    		•
  • Q : Market adjustment for new equilibrium

    This market for peanuts will adjust to a new equilibrium at price: (1) P0 and quantity Q0. (2) P1 and quantity Q0. (3) P2 and quantity Q2. (4) P3 and quantity Q1.

    		•
  • Q : Problem on short run demand I have a

    I have a problem in economics on short run demand. Please help me in the following question. In short run, the demand mainly depends most on: (1) Supply. (2) Costs of production. (3) Consumer tastes and preferences. (4) Technology. (5) Resource access

    		•
  • Q : Manufacturing assets by biggest

    Over half of all the manufacturing assets are held by the _____ biggest corporations in the United States. (w) 5 (x) 100 (y) 10 (z) 200 Can someone please help me in finding out the precise answer from the above options.

    		•
  • Q : Negatively slope of demand curve

    When the demand curve for a firm’s product is negatively sloped into the short run, in that case the firm: (i) operates in a purely or perfectly competitive market. (ii) experiences economies of scale in its production function. (iii) will face

    		•
  • Q : Quantity of good demanded A Rise in the

    A Rise in the quantity of frozen vegetarian lasagna demanded would be much probable to outcome from raises in the: (i) Cost of raw vegetables. (ii) Wages paid workers in lasagna developed plants. (iii) Number of people who perform strict vegetarianism. (iv) Costs of o

    		•
  • Q : Positive economic loss Can someone help

    Can someone help me in finding out the right answer from the given options. Sara left her high strain job at hospital as the neurosurgeon making $250,000 yearly to launch ‘Flowers-to-Go’, a new firm. Sara still feels similar quantity of stress; therefore s

    		•
  • Q : Market form-product distinguishing In

    In which market form, the products are distinguished. Answer: In Monopolistic competition

    		•
  • Q : Determine relatively price elasticity

    A price elasticity of demand of 2.0 implies that at that point, the demand curve is: (w) income elastic. (x) relatively price elastic. (y) relatively price inelastic. (z) unitarily price elastic. I need a good answ

    		•