--%>

Problem on production costs

I have a problem in economics on Problem on production costs. Please help me in the following question. From the viewpoint of sellers, the market demand for the good mainly based least on: (i) Consumer preferences and tastes. (ii) Income and its distribution. (iii) Production costs and numbers of sellers. (iv) Subsidies, Taxes and government regulations. (v) The numbers and ages of the buyers.

Choose the right answer.

   Related Questions in Microeconomics

  • Q : Shifting of Complementary Goods towards

    The War in Iraq contributed to sharp rises in the world price of oil. This is most probable to encompass caused the demand for car washes in United States to: (1) Shift towards right. (2) Increase vertically. (3) Stabilize. (4) Shift towards left. (5) Much more inform

  • Q : London Olympics-how will the economy be

    ‘Describe the influence of London Olympics on economy?’

  • Q : Assignment hi tutor, I sent you the new

    hi tutor, I sent you the new one assignment, Can you solve it for me , please. I want to receive the solution on this Saturday (11/1/2014) . Is that ok? Thank you so much.

  • Q : Can the value of APS be negative Can

    Can the value of APS be negative:Yes, the value of APS is negative; when there are dissavings.

  • Q : Find average income by relatively

    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

  • Q : Firm under perfect competition The firm

    The firm beneath perfect competition is a price taker by the reasons shown below:A) Number of firms: The number of firms beneath perfect competition is so big that no individual firm by changing sale, can cause an

  • Q : Monopolist of profit maximizing When

    When this is feasible for total revenue to cover all variable costs, in that case a profit maximizing monopolist will generate: (w) where marginal revenue equals marginal costs [MR = MC]. (x) in the inelastic portion of the demand cur

  • Q : Long-run supply curve of a purely

    Long-run supply curve of a purely competitive industry has a slope which is: (w) negative to offset the positive slope of each firm’s short-run supply. (x) positive to reflect the positive slope of each firm’s short-run supply. (y) depende

  • Q : Contribution Standard The concept that

    The concept that people must have income in proportion to their productivity is termed as the: (1) equality standard of distribution. (2) productivity standard of distribution. (3) needs standard of distribution. (4) utility standard

  • Q : Difference between opportunity cost and

    Differences among the opportunity cost of a purchase through a consumer and the seller’s price are increased through: (w) taxes. (x) intermediaries. (y) competition. (z) speculators. Can anyb