Productivity in Oligopolies
Oligopolies cannot: (w) maximize where MR = MC. (x) differentiate their product. (y) act independently of other firms. (z) make economic profits within the long run. Can someone explain/help me with best solution about problem of Economics...
Oligopolies cannot: (w) maximize where MR = MC. (x) differentiate their product. (y) act independently of other firms. (z) make economic profits within the long run.
Can someone explain/help me with best solution about problem of Economics...
For water the price elasticity of demand is: (w) low since the price is high. (x) high since the price is high. (y) high since there are few substitutes for water. (z) low since this has few substitutes and a low price. Q : Determine the yearly total revenues When the U.S. wheat market as in below demonstrated graph is primarily within equilibrium on S0D0, in that case the yearly total revenues (price × quantity) of wheat farmers will equivalent: (1) 0P4gQ4
When the U.S. wheat market as in below demonstrated graph is primarily within equilibrium on S0D0, in that case the yearly total revenues (price × quantity) of wheat farmers will equivalent: (1) 0P4gQ4
When Joe Glutton’s final bite of a burger yielded no profit in total utility, then Joe: (i) Don’t like hamburgers. (ii) Has reached the minimum utility from eating the burgers. (iii) Has reached the point where marginal utility of hamburgers is 0 (zero). (
A nondiscriminating unregulated monopolist maximizes profit by: (w) charging the highest price the market will bear. (x) often changing designs and building in planned obsolescence. (y) setting marginal costs equal to marginal revenue [MC = MR]. (z) s
For current consumption growing preferences over future consumption would be evidenced from a: (w) higher interest rate. (x) more quick rate of investment. (y) larger government budget surplus. (z) surplus into the balance of trade.
If estimating the nature of a probability function for an event entails considerable guesswork since experience along with the event is more sporadic or rare which any estimates are extremely speculative, in that case we confront a concept Fra
Determine the price elasticity of supply of a commodity whose straight line supply curve passes via the origin forming an angle of 45 degree/75 degree? Answer: Unit
HoloIMAGine has patented a holographic technology which makes 3-D photography obtainable to consumers. The illustrated figure shows such that HoloIMAGine: (1) makes profit equal to area dcP0P3 since this can price discriminate perfectly. (2) has market power as a pric
Economists suppose that nearly all decisions are made by: (i) At the margin. (ii) On the average. (iii) Based on totals. (iv) All of the above. Please someone suggest me the right answer.
Income distribution tends to turn into more equal, statistically, while a country: (i) adopts central planning. (ii) becomes more developed and prosperous. (iii) relies more heavily on agriculture. (iv) reduces corporate tax rates. (v) adopts laissez-
18,76,764
1949170 Asked
3,689
Active Tutors
1449153
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!