--%>
Assignment Help - homework help

Price elasticity of supply problem

The price elasticity of supply generally evaluates the ratio of relative: (i) Gain to the amounts firms supply at different prices. (ii) Price increase need to induce a firm to raise output. (iii) Change in the quantity supplied to a associative change in price. (iv) Alter in price divided by the modification in the quantity supplied.

Please someone suggest me the right answer.

   Related Questions in Microeconomics

  • Q : Categorized Economic Capital Your

    Your family’s home can produce the service of shelter across several years, therefore from the vantage point of economics; your home can most rationally be categorized as: (1) a financial investment. (2) a fixed cost resource. (3) economic capit

    		•
  • Q : Transferred Funds in Financial Markets

    Financial markets are markets in that funds are transferred from: (w) financial investors or institutions which have an excess of available funds to people or firms which have a shortage. (x) people who have a shortage of obtainable funds to people wh

    		•
  • Q : Price inelasticity of demand At a price

    At a price for $0, the demand for DVD games is around: (w) perfectly elastic. (x) perfectly inelastic. (y) unitarily elastic. (z) positively sloped.

    Q : Break Even Income A marginal tax rate

    A marginal tax rate of 50 percent and an income floor of $6,500 yield a break even income of: (w) $3,250. (x) $6,500. (y) $9,750. (z) $13,000. I need a good answer on the topic of Economics

    		•
  • Q : Shut down by drastically raise price in

    Mom and Pop Ping-Pong Balls is an established table tennis supply store within a small city. You are the owner of Ping-Pong Megastore as well and you have just opened up a location in their small city. When you set prices so low which Mom and Pop is forced to shut dow

    		•
  • Q : Automation process I have a problem in

    I have a problem in economics on Automation process. Please help me in the following question. The procedure of substituting complicated machinery for human labor is termed as: (1) automation. (2) Bionic engineering. (3) Robotics. (4) Scientific manag

    		•
  • Q : What drives market towards their

    What drives market towards their equilibrium?

    		•
  • Q : Signaling definition Can someone please

    Can someone please help me in finding out the accurate answer from the following question. Job applicants employ polished resumes explaining education, skills and work experience, accompanied by the supportive letters of recommendation letters as tools in the procedur

    		•
  • Q : Ratios of personal benefits in Welfare

    Welfare is explained as being received while: (w) the ratios of personal benefits received by government programs associate to taxes paid are greater than for the average citizen. (x) economic rents are earned by owners of inputs. (y) a productive inp

    		•
  • Q : Average cost of producing level of

    When the hourly wage rate (w) of $15 and the hourly price of capital (r) of $75, the average cost of producing any specified level of output into the long run will be minimized where: (1) MPPL = MPPK. (2) MPPL/MPPK =

    		•