Price of input influencing goods supply
Elucidate how does change in price of input influence the supply of a good.
Expert
Increase in price of input: Increase in price of input is cause of a decrease in the supply of a good because the production cost of a good will increase due to increase in price of input. It will reduced the profit. So producer will decrease the supply of the good.
Decrease in price of Input: Decrease in price of input is a cause of increase in supply because when the price of input decrease the production cost of a good also also decreases. Decrease in cost increases the profit margin. It motivate to producer to increase the supply of the good.
Explain the term Interest Rate Reinvestment Risk in detail?
In economic theory of production: (1) Average fixed costs equally drop as the capacity of firm rises. (2) Technology can be varied wholly. (3) The choices available to firm raise as longer periods are considered. (4) Firms which do not cover all the h
Can someone please help me in finding out the accurate answer from the following question. The car dealer never proposed to honor a guarantee on a utilized car, providing an illustration of: (1) Moral hazard. (2) Economic dishonesty. (3) Price discrimination. (4) Mark
Of the given firms, the probably to be a price taker would be: (1) Microsoft. (2) Wal-Mart. (3) Toyota. (4) the Los Angeles Lakers. (5) the biggest wheat farm in Canada. I need a good answer on the topic of
a monopolist has two plants with two different cost functions.given output for one plantis given how do calculate output for the other plant?
When price changes for fresh peaches don’t modify total revenue to peach farmers, then the price elasticity of demand for peaches: (w) constant beside a linear demand curve. (x) infinity (the demand curve is horizontal). (y) uni
When market demands for agricultural products are relatively price inelastic and relatively income inelastic both, in that case as per capita income raises, the average income of farmers will: (w) increase while supplies of agricultur
Each negatively sloped linear demand curve consists of: (1) variable slope. (2) price elasticity coefficients which increase when the price falls. (3) price elasticity which range from zero to infinity. (4) a price elasticity of one at whole points. (5) an inelastic region above
A higher interest rate is probably to be a consequence of: (1) lower expected profitability to investors. (2) new tax breaks onto interest income. (3) weakening preferences for current income over future income. (4) increased preferences for recent co
The amount of output supplied is exactly proportional to the price therefore the price elasticity of supply equivalents one into: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Discover Q & A Leading Solution Library Avail More Than 1433938 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1943314 Asked 3,689 Active Tutors 1433938 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
18,76,764
1943314 Asked
3,689
Active Tutors
1433938
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!