--%>

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 : Econ Give the answer of following

    Give the answer of following question. In the quintile distribution of income, the term "quintile" represents: A) 5 percent of the income receivers. B) 10 percent of the income receivers. C) 20 percent of the income receivers. D) 25 percent of the income receivers.

  • Q : Implicit and explicit economic costs I

    I have a problem in economics on Implicit and explicit economic costs. Please help me in the following question. The Economic profit is the difference among total revenue and: (i) The sum of explicit and implicit economic costs. (ii) Accounting cost. (iii) Variable co

  • Q : Calculating Economic and Accounting

    Can someone help me in finding out the right answer from the given options. Net sales revenue of the Rusty Key Corporation for the year 2005 is $190,000. The net explicit costs incurred were $70,000, and net implicit costs were $65,000. The accounting profit is ____ a

  • Q : Long-term effects of the Baby Boom What

    What will be the long-term effects of the Baby Boom?

  • Q : Discrimination and Income Differentials

    By 2000, the differential among the rich and the poor which can be attributed to economic discrimination was computed at: (w) approximately 60 percent. (x) approximately 30 percent. (y) under 10 percent. (z) zero.

  • Q : Production-Altering the chemical and

    Can someone please help me in finding out the accurate answer from the following question. The production which modifies the chemical or physical structures of a good produces utilities of: (1) Substance. (2) Place and time. (3) Form. (4) Possession.

  • Q : Problem on implicit belief in a moral

    Can someone please help me in finding out the accurate answer from the following question. Assume that when faced with the Faustian option [that is, a deal with the devil] of torturing an naive child in the interest of securing world peace and an end to global hunger,

  • Q : Short-run supply curve and marginal

    Short-run supply curve of a purely competitive firm’s is the positively sloped part of the marginal cost curve which is above its: (w) average fixed cost curve. (x) resource demand curve. (y) average variable cost. (z) short-run

  • Q : Demand curve consequent to output An

    An unregulated monopoly which does not price discriminate sets price in accord along with the: (w) height of the graph where marginal revenue equals average total costs [MR = ATC]. (x) height of the graph where marginal costs equal av

  • Q : Split roughly burden of tax The burden

    The burden of an excise (i.e., per unit) tax would be divide roughly fifty by fifty on consumers and suppliers of the taxed good within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.