Problem relating to current demands for durable goods

The people who anticipate prices to increase soon will tend to rise their: (i) Current demands for the durable goods. (ii) Waiting time prior to buying. (iii) Saving as a result they can afford higher prices. (iv) Current supplies.

Find out the right answer from the above options.

View Complete Question

Related Questions in Microeconomics

Q : Find unskilled labor for no minimum

When there is no minimum legal wage in market for unskilled labor, approximately: (w) 6,000 unskilled workers would earn about $5 per hour. (x) 3,000 unskilled workers would earn about $8 per hour. (y) 4,500 unskilled workers would ea

Q : Purchasing power of Income Effects

Whenever the price increases for a good that you enjoy extremely and purchase regularly: (i) The purchasing power of your income is reduced. (2) You adjust more rapidly than when the good was insignificant to you. (3) Your substitution effect is over-powered by an inc

Q : Complementary goods problem When a

When a price cut for licorice gummy bears decreases the demand for tuna fish ice cream, then: (i) tuna fish ice cream and licorice gummy bears are both complementary goods. (ii) Price scrambles for tuna fish ice cream will diminish the demand for licorice gummy bears.

Q : Demand for Labor and Monopsony Power

When wage discrimination is not likely for the first 40 workers this profit-maximizing firm hires, however it can wage discriminate absolutely whenever hiring all the subsequent workers, it hires a net of: (1) 40 workers at average wage of $700 per week per worker. (2

Q : Official poverty rate for income

For U.S. families official poverty rates are: (w) higher than in most other countries. (x) very similar for different types of families. (y) higher for the middle class than for lower class families. (z) lower than in most other countries if poverty i

Q : Effect of minimum wage laws in

The Minimum wage laws might efficiently raise employment: (i) When the set wage value surpasses labor market equilibrium. (ii) In industries of profoundly exercised monopsony power. (iii) In no condition; higher minimum wage floods the labor supply and lower minimum w

Q : Problem on monoplists Suppose that the

Suppose that the total cost curve for a monopolist is provided by TC = 3y2 + 800 and its marginal cost curve is given as MC = 6y. Also assume it faces a market demand curve of py = 280 - 4y and marginal revenue curve of MR = 280 – 8y.

Q : Unitary price elasticity of demand curve

HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. So the demand curve facing HoloIMAGine has unitary price elasticity at: (i) output q1. (ii) output q3. (iii) output q4

Q : Victimization of Adverse Selection When

When an heiress’s fiance plans to murder her soon subsequent to the wedding in order to inherit her estate, she has actually been victimized by: (1) Moral hazard. (2) Adverse selection. (3) Cognitive dissonance. (4) Irrational ignorance.

Q : Demonstrates the Lorenz Curve This

This given figure demonstrates as: (w) Lorenz curve. (x) familial income distribution graph. (y) Gini curve. (z) Blanc income standard curve. </span></p>
</div>

</li>

</td>
</tr>
</table>

</ul>

</div>
</div>
<div class=

Discover Q & A

Leading Solution Library

Avail More Than 1417630 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1949046
Asked

3,689

Active Tutors

1417630

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment