--%>
Assignment Help - homework help

Quantity sold of total revenue of pure competitor

Total revenue of a pure competitor is its quantity sold that is multiplied by its: (w) profit per unit. (x) price per unit. (y) average variable cost. (z) overhead cost per unit.

Can someone explain/help me with best solution about problem of Economics...

   Related Questions in Microeconomics

  • Q : Shutdown level of output for a purely

    For a purely competitive firm the shutdown level of output arises where is: (w) total revenue barely covers total fixed costs. (x) market price just equals the minimum of its AVC curve. (y) total revenue equals total cost as (PQ = TFC + TVC). (z) pric

    		•
  • Q : Define feature of perfectly inelastic

    A perfectly inelastic demand curve: (w) is an imaginary mathematical construct, and does not exist within reality. (x) corresponds to a perfectly horizontal line. (y) represents a good which absorbs only a small portion of consumers’ budgets. (z

    		•
  • Q : Significant monopsony power-labor market

    The firm probable to have noteworthy monopsony power in its labor market would be the: (i) Big cotton farm in the Texas hiring migrant workers. (ii) Textile manufacturer in the Hong Kong hiring the factory workers. (iii) Janitorial service organization in London hirin

    		•
  • Q : Example of an explicit cost Which of

    Which of the given below is an example of the explicit cost? (i) The owner’s time. (ii) Depreciation on company owned truck. (iii) The interest which could be earned when some of the owner’s funds was not tied up in business. (iv) Salaries paid to the empl

    		•
  • Q : Engel curve and the income effect I

    I can't get the answer of this question of Engel curve. Help me in determining answer of this question. Describe relationship between the Engel curve and the income effect?

    		•
  • Q : Interdependent decisions of oligopolies

    Industries dominated by some large firms whose decisions are interdependent are: (1) oligopolies. (2) monopolies. (3) cartels. (4) monopsonies. Please choose the right answer from above...I want your suggestion for the same.

    		•
  • Q : Consumers for Mortgage Funds Not in

    Not in between the total demands for loanable funds would be the demands of: (1) consumers for financial capital. (2) business firms for financial capital. (3) government for loanable funds to cover budget deficits. (4) consumers for mortgage funds. (

    		•
  • Q : CAPM and Portfolio The information is

    The information is illustrated below: (a) Determine the expected return on Stock X?

    		•
  • Q : Tastes and Preferences in travel

    Can someone help me in finding out the right answer from the given options. Raised ‘love boat’ ticket sales in response to a sequence of stunning travel commercials point out a raise in the: (i) Quantity of romantic vacations demanded. (ii) Demand for the

    		•
  • Q : Labor Unions-supply of workers The

    The methods unions use to raise the wages of their members do not comprise: (1) Rising the demand for the union labor. (2) Establishing higher salaries and allotting work to members. (3) Facilitating the management plans to raise productivity. (4) Raising the supply o

    		•