--%>
Assignment Help - homework help

Problem on Equilibrium condition

Reduction in the size of average American family is most probable to: (i) Erode rates of the technological advancement. (ii) Raise the demand for disposable diapers. (iii) Decrease women’s labor force participation rates. (iv) Increase the contribution of family income going for food. (v) Reduce demands for big, gas-guzzling SUVs.

Can someone please help me in finding out the accurate answer from the above options.

   Related Questions in Microeconomics

  • Q : Determine total annual revenue As per

    As per this illustrated figure as in below, the total annual revenue of Robot Butlers, Inc. will be greatest when this produces and sells as: (w) 5,000 Robot Butlers. (x) 10,000 Robot Butlers. (y) 15,000 Robot Butlers. (z) 20,000 Robot Butlers. <

    		•
  • Q : Describe the wave of mergers in the

    Describe the wave of mergers in the banking industry?Many economic factors have caused banking institutions to merge over the past various years. What are these factors comprise Please explain breifly...

    		•
  • Q : Political pressure on government

    When the government imposes a price floor upon a product, in that case there may be political pressure for the government: (1) to produce several of the good itself. (2) to restrict the demands of private buyers. (3) to buy and then store some surplus

    		•
  • Q : Price fluctuations to go bankrupt in

    Speculators are most probable to go bankrupt when their activities: (w) increase price fluctuations. (x) decrease transaction costs to other buyers or sellers. (y) dampen the volatility of prices. (z) improve economic efficiency.

    Q : Long run equilibrium price When

    When Christmas tree farming is a decreasing cost industry and this firm is typical, in that case an increase in the market demand for Christmas trees will give in a long run equilibrium price: (1) greater than P1. (2) less

    		•
  • Q : Impact of deficient demand in an economy

    Describe deficient demand in an economy? Determine its impact on output, employment and price? Answer: Deficient demand terms to the condition when aggregate demand

    		•
  • Q : Surveyors problem Surveyors sometimes

    Surveyors sometimes cannot arrange a probabilistic sample and instead rely on a variety of non-probabilistic techniques, each which poses potential problems. Surveyors could: target a quota of a certain type of res

    		•
  • Q : Economic Rent of Demand Curve When D 0

    When D0 is the initial demand curve for land in this illustrated figure, within equilibrium the economic rent realized through the landowner will be: (1) zero. (2) area Ocef. (3) area cae. (4) area Oaef. (5) a pure economic

    		•
  • Q : DVCs related problem Choose the right

    Choose the right answer from following. Population growth remains high in most DVCs because: A) religious and sociocultural considerations favor large families. B) children may provide economic security for aging parents. C) children provide agricultural labor in rura

    		•
  • Q : Describe economic perspective The

    The economic perspective refer as: 1) macroeconomic phenomena, but not microeconomic phenomena. 2) microeconomic phenomena, but not macroeconomic phenomena. 3) the making of purposeful decisions in a context of marginal costs and marginal benefits. 4) unlimited resour

    		•