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 : Value of exports of goods A country’s

A country’s balance of trade is Rs. 75 crores. The value of imports of goods is Rs. 100 crores. What is the value of exports of goods?

Q : Problem on slope of demand curve The

The demand curve for DVD games is a straight line, therefore its slope: (1) Is constant, although price elasticity of demand drops/falls as output increases. (2) Price elasticity are both stable. (3) Is constant, although price elasticity of demand increases as the pr

Q : Agency function of Commercial Bank Name

Name the six agency function of Commercial Bank. Answer: A) Transfer of funds B) Collection of funds C) Purchase and sale of securities. D) Collection of dividends E) Payment of bills &

Q : International trade the most frequently

the most frequently asked question on foreign direct invetment

Q : Purchasing good according to Law of

The market price you pay for each and every particular goods you purchase regularly is probably most closely associated with the last unit of each and every good’s: (1) Marginal utility. (2) Total utility. (3) Producer surplus. (4) Consumer surplus. (5) Economic

Q : Systems of note issue how many systems

how many systems of note issue are there??

Q : Econ question No need apa format no

No need apa format no need introduction and conclusion Only answer question being ask, thanks

Q : Purchasing and consumption of

The usual household maximizes the utility by spending all its money to purchase and consume a combination of goods which yields: (1) Fundamental physiological requirements and customary wants. (2) Maximum status and the social prestige. (3) Complete satisfaction of al

Q : What are various economic growth

Economic growth is generally defined as a sustained increase in per capital national output over a long period of time. It implies that for economic growth of a nation, the rate of increase in its total output must be greater than the rate of population growth. It ma

Q : Problem on value of imports The balance

The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports? Answer:

Discover Q & A

Leading Solution Library

Avail More Than 1439858 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1931725
Asked

3,689

Active Tutors

1439858

Questions
Answered

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

Submit Assignment