--%>
Assignment Help - homework help

Problem on amount of goods in Determinants of Demand

The Economics students are most probable to recall conceptually the different determinants of amounts of a good which people will purchase when they contemplated an acronym based on how: (i) Much they will spend out of their initial paycheck whenever they take a job after graduating [MPC+MPS]. (ii) An inebriated English drinker in the time of Chaucer may stutter the request for ale [PPPYNTE]. (iii) Much rapid the market for employed books cleared subsequent to E-Bay buyers practiced [XPERINCE]. (iv) Two newlyweds would fill the shopping cart on their initial trip to a grocery store [DABASICS].

What is the precise answer?

   Related Questions in Microeconomics

  • Q : Income Distribution in Development

    Income distribution tends to turn into more equal, statistically, while a country: (i) adopts central planning. (ii) becomes more developed and prosperous. (iii) relies more heavily on agriculture. (iv) reduces corporate tax rates. (v) adopts laissez-

    		•
  • Q : Money functions Give me answer of this

    Give me answer of this question. Money functions as: A) a store of value. B) a unit of account. C) a medium of exchange. D) all of the above.

    		•
  • Q : Marginal revenue at possible output

    At each possible output level, there a purely competitive firm’s marginal revenue curve is: (w) above its demand curve. (x) below its demand curve. (y) identical along with its demand curve. (z) steeper than its demand curve.

    Q : Problem on diminishing returns I have a

    I have a problem in economics on Problem on diminishing returns. Please help me in the following question. The principle of diminishing marginal utility is a contrast of the law of: (1) Comparative consumer benefit. (2) Diminishing returns. (3) Effective explanation.

    		•
  • Q : Introduction of marginal utility The

    The marginal utility (MU) of a good: (1) Was first introduced by Adam Smith. (2) Is simply measured in dollars. (3) Is determined by society as an entire. (4) Reflects subjective preferences. Can someone help me in getting through

    		•
  • Q : Economic profits maximizing When this

    When this monopolistic competitor produces Q units, this is maximizing: (w) sales development and its market share. (x) total revenue. (y) economic profits. (z) total fixed cost and its managers' salaries.

  • Q : Economic profits in long run A monopoly

    A monopoly will make economic profits within the short run: (w) but cannot create economic profits in the long run. (x) if average total costs [ATC] > P. (y) as long as total revenue exceeds total costs. (z) All of the above.

    		•
  • Q : Implication of buyers in market

    Describe the implication of big number of buyers in the perfectly competetive market.

    		•
  • Q : Characterized purely competitive firm

    For a purely competitive firm long run equilibrium is characterized by: (w) P > MR > MC > ATC. (x) P = MR = MC = minimum LRAC. (y) maximum MC - MR. (z) minimum TR + TC. Can anybody suggest me the proper ex

    		•
  • Q : Demand of goods people willing to buy

    The amount of goods which people are willing and capable to buy is termed as their: (i) Desires. (ii) Demands. (iii) Requirements. (iv) Needs. (v) Wants. Can someone please help me in finding out the accurate answe

    		•