Price elastic of supply between two points
In between point c and d in this supply curve of 2×4s, the price elastic of supply as: (i) 1.0. (ii) 1.6. (iii) 2.2. (iv) 2.8. (v) 3.4. Can anybody suggest me the proper explanation for given problem regarding Economics generally?
In between point c and d in this supply curve of 2×4s, the price elastic of supply as: (i) 1.0. (ii) 1.6. (iii) 2.2. (iv) 2.8. (v) 3.4.
Can anybody suggest me the proper explanation for given problem regarding Economics generally?
When curve C reflects the long run supply curve for this industry as in illustrated figure, in that case the short-run supply curve would be: (i) curve A. (ii) curve B. (iii) curve C. (iv) curve D. (v) curve E.
A monopoly might emerge naturally while economies of scale: (w) are small relative to market demand. (x) do not exist. (y) are large relative to market demand for output. (z) and average costs are rising over the market output range. Q : Sets of complementary goods Sets of Sets of complementary goods comprise: (w) pipes, chewing tobacco, and snuff. (x) gasoline, diesel, and gasohol. (y) swimsuits, diving boards, and swimming pools. (z) Jacuzzis, saunas, and steam baths. Hello guys I
Sets of complementary goods comprise: (w) pipes, chewing tobacco, and snuff. (x) gasoline, diesel, and gasohol. (y) swimsuits, diving boards, and swimming pools. (z) Jacuzzis, saunas, and steam baths. Hello guys I
Give the answer of following question. The twin problems of the U.S. health care industry are: A) rapidly rising costs and unequal access to health care. B) declining quality of health care and the duplication of specialized equipment at hospitals. C) declining per ca
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
Oligopolies are least expected to emerge due to: (1) economies of scale. (2) price discrimination. (3) strategic barriers to entry. (4) mergers. (5) legal barriers to entry. Can anybody suggest me the proper explan
A city government trying to pass an excise tax for that the economic burden would be borne strictly through the seller will succeed when this imposes a tax on a good for that the price elasticity of: (i) demand is unitarily elastic. (
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.
Price discrimination occurs when a good is: (1) priced by a formula yielding monopoly profit. (2) denied to customers who refuse to pay the going price. (3) sold at different prices not reflecting differences in costs. (4) subject to government price
Give the answer of following question. Multinational corporations: A) mainly are headquartered in Switzerland. B) are so named because of their heavy export volume. C) are illegal under the U.S. antitrust laws. D) are so named because of their sizable foreign producti
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