Perfectly substitutable outcome

Firms which serve customers who vision the firm’s output as perfectly substitutable for the outcomes of huge numbers of other firms confront: (i) Horizontal (that is, perfectly price elastic) demand curves. (ii) Predatory pricing from greater monopolistic firms. (iii) Price elasticity coefficients of zero. (iv) Steeply sloped supplies of the crucial resources.

Please someone suggest me the right answer.

View Complete Question

Related Questions in Macroeconomics

Q : Recovery of loans-capital receipt Why

Why is recovery of loans taken as a capital receipt? Answer: Recovery of loans is always treated as a capital receipt since it leads to refuse in financial assets o

Q : Paradox of Value-High values of

The fact that most of the necessities for life like water are priced much lower than the frivolities like diamonds is addressed by the: (1) Utilitarian enigma. (2) Law of diminishing marginal utility. (3) Rational ignorance of hypothesis. (4) Paradox of the value. (5)

Q : Steps to analyze modifications in

What are the Steps to analyze modifications in equilibrium?

Q : Stage of the business cycle What stage

What stage of the business cycle is our economy experiencing at present time? proof your answer.

Q : Normative goals of macroeconomic

Commonly agreed-upon normative goals of macroeconomic policy do not include: (w) high employment. (x) price-level stability. (y) redistributing wealth through the rich to the poor. (z) economic growth. Can someone

Q : Aggregate demand if government budget

What occurs to aggregate demand if the government budget is in deficit? Answer: The deficit budget raises the aggregate demand since the deficit budget signifies th

Q : Project Include graphs and should be 15

Include graphs and should be 15 pages long

Q : POSSIBILITIES Possibilities Food

Possibilities Food (millions of tons per year) Tractors (millions per year) A 0 30 B 4 28 C 8 24 D 12 20 E 16 14 F 20 8 G 24 0 a. Is it possible for this nation to produce thirty million tons of food per year? Why or why not. b. Is it possible for this nation to produce thirty million

Q : Explain Product Market Equilibrium. To

To begin with, let us recall our three-sector product-market equilibrium model given as C + I + G = C + S + TTo this three-sector model, we now add the foreign trade-the exports (X) and imports

Q : The failure of the Supercommittee

Question: Some commentators have argued that the failure of the "Supercommittee" is good thing for the economy? Do you argree? Answer:

Discover Q & A

Leading Solution Library

Avail More Than 1448845 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1940222
Asked

3,689

Active Tutors

1448845

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment