--%>
Assignment Help - homework help

Production Costs of goods problem

I have a problem in economics on Production Costs of goods problem. Please help me in the following question. In order to provide more goods on the market, firms increase prices to cover: (1) Rising opportunity costs in the production. (2) Technological advances. (3) Cuts in corporate income taxes. (4) Owner’s desires for the maximum gain.

What is the precise answer from the above options.

   Related Questions in Microeconomics

  • Q : Uy what is basic objects of bretton

    what is basic objects of bretton woods?

    		•
  • Q : Minimum average costs at production

    Nostalgia Corporation could accomplish minimum average costs for Silver Screen DVDs when this produced: (i) 4 million DVDs. (ii) 6 million DVDs. (iii) 8 million DVDs. (iv) 10 million DVDs. (v) 12 million DVDs.

  • Q : Analytic Time-The Long Run Can someone

    Can someone please help me in finding out the accurate answer from the following question. Alfred Marshall classification of analytical time specified that in long run it is: (i) Not possible to differ technology and at least one resource is fixed and hence at least o

    		•
  • Q : Absolute value of demand slope Since

    Since the price drop/falls and quantity demanded rises all along this demand curve for pizza, the absolute value of slope will be: (1) Is constant and elasticity falls. (2) Elasticity are constant. (3) Drop/falls and elasticity is constant. (4) Elasti

    		•
  • Q : Price elasticity when total revenue

    Total revenue grows while the price of a good is cut when the price elasticity of: (w) demand exceeds the price elasticity of supply. (x) substitute goods is less than one. (y) supply is into a relatively elastic range. (z) demand is

    		•
  • Q : Illustration of perfectly price elastic

    A demand curve which is perfectly price elastic is demonstrated into: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. 914</span></p> </div> <!-- /comment-box --> </li> </td> </tr><tr> <td> <li> <div class=

    Q : Natural barriers to entry in network

    Assume that an equipment or software firm has copyrights and patents which restrict other firms from producing goods embodying its technology, and which the firm is shielded from competition since customers can deal along with each other at lower costs when they utili

    		•
  • Q : Consumption pattern matching demand

    A house-hold maximizes the satisfaction it derives from the given income by: (i) Buying lottery tickets to save more wealth. (ii) The consumption pattern which matches demand prices with the market prices. (iii) Consuming goods and hence every good is enjoyed uniforml

    		•
  • Q : Monopolistic competition In which

    In which market type, there is a requirement for selling or advertising costs? Answer: Beneath monopolistic competition, there is a requirement of selling costs sin

    		•
  • Q : Features of oligopoly Features of

    Features of oligopoly: Following are some principal features of oligopoly : A) A few firmsB) High degree of interdependence.C) Non-price competition.D) Entry barriers.E) Formation of cartels

    		•