--%>
Assignment Help - homework help

Price ceiling set below equilibrium

A price ceiling set below equilibrium will raise the: (w) quantity supplied. (x) good’s opportunity cost to buyers. (y) sellers’ profits. (z) rate of excess supply.

How can I solve my economics problem? Please suggest me the correct answer.

   Related Questions in Microeconomics

  • Q : Most efficient production technique of

    Refer to the given data give the answer of following question. In view of the indicated resource prices, the economically most efficient production technique(s) is (are) technique(s): A) #1. B) #2 and #4. C) #3. D) #1 and #3.

    Q : Concept of Horizontal Equity Equity of

    Equity of fairness is an ambiguous idea, in part since people’s personal qualities can vary greatly. Conversely, that policymakers should treat people equally when they are roughly identical in the characteristics thought relevant for government policies is exte

    		•
  • Q : Absolute value of the proportional

    The absolute value of proportional change within labor hired divided through a proportional change within the wage rate is termed as the: (w) income/substitution coefficient. (x) employment wage response. (y) labor force participation rate. (z) elasti

    		•
  • Q : Slopes of demand and supply curves The

    The slopes of demand and supply curves are frequently: (w) misleading as guides to price elasticities. (x) independent of the units measuring changes in price and quantity. (y) highly dependent upon each other. (z) used to forecast changing consumer t

    		•
  • 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 : Proprietorships and

    Can someone please help me in finding out the accurate answer from the following question. The sole proprietorship owned and executed by the lone individual is at a drawback whenever compared to the corporation since it lacks relatively: (i) Flexible legal options reg

    		•
  • Q : Equilibrium in long-run purely

    When a purely competitive industry is into long-run equilibrium: (i) firms try to maximize profit. (ii) P = ATC. (c) P = MC. (iii) economic profit is zero. (iv) All of the above. Can someone explai

    		•
  • Q : Economics surpluses drives price down,

    surpluses drives price down, shortages drives them up

    		•
  • Q : Quantity supplied to relative change in

    The price elasticity of supply approximately measures the ratio of relative as: (w) profit to the amounts firms supply at different prices. (x) price increase necessary to induce a firm to raise output. (y) change within the quantity supplied to a rel

    		•
  • Q : Words of Economic Rent about David

    David Ricardo: (w) was the originator of the theory of pure economic rent onto land. (x) believed that land rent was earned since land would not be available at a zero price. (y) observed that marginal land which is just barely helpful commands positi

    		•