Pricing for profit-car parking
The owner of a city centre car park desires to know the best price to charge for parking throughout office hours on weekdays. On a usual weekday, the car park is at present only half full.
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Consider the significance of marginality in maximizing the profit whenever demand varies and costs are mainly fixed.
Can someone help me in finding out the accurate answer from the given options. In short run, the demand for a normal good increases when: (i) Income become less uniformly distributed. (ii) The prices of complementary goods increase. (iii) National income mounts. (iv)
Explain the term Realized Yield? Also write some points on it.
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
Assume nominal GDP in the year of 2002 was $100 billion and in the year of 2003 it was $260 billion. The general price index in 2002 was 100 and in 2003 it was 180. Between 2002 and 2003 the real GDP rose by: A) 160 percent. B) 44 percent. C) 37 percent. D) 1
Rises in per capita income in the United States would be most probable to reduce the: (i) Demands for lard, pinto beans, and utilized tires. (ii) Excesses in the federal govt. budget. (iii) Supply of untrained labor relative to skilled labor. (iv) Tot
Can someone help me in finding out the right answer from the given options. Working time gone in strikes as the percent of net working time in the United States since from the end of World War II has: (1) Rose to around 20 percent. (2) Reduced to a bit over 6 percent.
This profit-maximizing, as in demonstrated graph, of brickyard’s total variable costs are about: (i) $200 per day. (ii) $600 per day. (iii) $750 per day. (iv) $900 per day. (v) $1200 per day.
When a purely competitive industry is within equilibrium as well as all firms in the industry are operating along with economies of scale, in that case the industry is in: (w) long-run and short-run equilibrium. (x) short-run equilibrium and long run
what is the Production possibility frontier
Can GDP be more than GNP? Answer: Yes, GDP can be greater or more than GNP if NFIA is negative.
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