--%>
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 : Deter entry from potential competitors

    A firm along with important market power which builds an additional plant to increase excess capacity may be trying to as: (w) ignore a depletion of inventory. (x) deter entry from potential competitors. (y) increase demand and thus raise price and pr

    		•
  • Q : Example of predatory behavior Assume

    Assume that a new Wal-Mart is built just outside a small town, and also Wal-Mart aggressively cuts prices therefore much that the rivals close their doors. In that case, once its rivals exit the market, the Wal-Mart raises prices significantly. Wal-Ma

    		•
  • Q : Illustration of Conglomerates I have a

    I have a problem in economics on Illustration of Conglomerates. Please help me in the following question. Prudential Insurance owns big farms in addition to its insurance operations, and is an illustration of: (1) Conglomerate. (2) Insurance fraud. (3) Monopoly. (4) H

    		•
  • Q : Cross price elasticities of demand The

    The cross price elasticities of demand are possibly most positive for: (w) shoe repairs and new shoes. (x) syrup and waffles. (y) gasoline and limousines. (z) college tuitions and textbooks. How can I solve my

  • Q : What is the equilibrium price and

      Objectives: This assessment item relates to the course learning outcomes 1, 2 and 3 as listed in Part A. Question 1 (22 marks) (a) Consider the market represented by the schedule in the table below. (5 marks) Price Quantity demanded Quantity

    		•
  • Q : Characteristic of Vertical Integration

    Vertical integration is the characteristic of all firms which: (1) Control multiple features of the production of an output from raw materials to the retail sales. (2) Operate as international cartels, dealing mainly in non-renewable resources. (3) Mo

    		•
  • Q : Synonym of the term utility The nearest

    The nearest to being a synonym of the term “utility” is: (1) Universal.. (2) Consumption. (3) Satisfaction. (4) Multi-faceted. (5) Marginalism Can someone help me in getting through this problem.

    		•
  • Q : Influence of moderate minimum wage law

    Can someone please help me in finding out the accurate answer from the following question. Even a moderate minimum wage law influences labor markets by causing the unemployment of: (1) Unskilled workers when the labor market is per

    		•
  • Q : Goals of the Firm-Profit Maximization

    The supposition that firms try to maximize the profits: (i) Is the beginning point for most of the economic analyses of how firms function. (ii) Can be wrong for the cases in which the professional corporate managers maximize their own self interests rather than the i

    		•
  • Q : Deterrent Give me answer of this

    Give me answer of this question. Which one of the following is presently a major deterrent to bank panics in the United States? A) the legal reserve requirement B) the fractional reserve system C) the gold standard D) deposit insurance

    		•