Quantity supplied to relative change in price

The price elasticity of supply approximately measures the ratio of relative as: (w) profit to the amounts firms supply at different prices. (x) price increase necessary to induce a firm to raise output. (y) change within the quantity supplied to a relative change within price. (z) change in price divided through the change into the quantity supplied.

I need a good answer on the topic of Economic problems. Please give me your suggestion for the same by using above options.

View Complete Question

Related Questions in Microeconomics

Q : Competitive Resource Market Supply

Can someone please help me in finding out the accurate answer from the following question. As resources should be hired away from other utilizations, the resource supply curves facing a big and expanding competitive industry are usually: (1) U shaped. (2) Horizontal.

Q : Tendencies of price floors creating

Price floors create tendencies for: (1) shortages since buyers demand more than firms produce. (2) lobbying through sellers for their elimination. (3) net increases within the satisfactions of consumers. (4) surpluses since firms creates more when hou

Q : Financial Intermediation Financial

Financial intermediation occurs while financial institutions: (w) incur substantial outflows of funds. (x) channel flows from the ultimate lenders to the ultimate borrowers. (y) face rigid reserve requirement ratios. (z) experience "runs" when deposit

Q : Market price of long-run equilibrium

When this firm is typical in this purely competitive market, in that case long-run equilibrium for Christmas trees will be reached at a market price is of: (1) P1. (2) P2. (3) P3. (4)

Q : Relationship between MPP and APP If MPP

If MPP equivalent to APP, what will you state regarding APP? Answer: APP is at its maximum and steady or constant.

Q : Floating exchange rates Provide

Provide solution of this question. In saying that the present system of floating exchange rates is managed we mean that: A) countries which allow their exchange rate to move freely will lose their borrowing privileges with the IMF. B) the value of any IMF member

Q : Definition if pure monopsonist Can

Can someone please help me in finding out the accurate answer from the following question. The pure monopsonist: (1) Is the sole buyer of a specific good or resource in the given market. (2) Can adjust just quantity and therefore is a price-taker in input market. (3)

Q : Monopolistic Exploitation Can someone

Can someone help me in finding out the right answer from the given options. In the equilibrium for a price maker firm, the rate of monopolistic exploitation is any difference among: (i) P and MR. (ii) P and MC. (iii) VMP and MRP. (iv) Output price and rate of monopson

Q : Twenty-one amendment of public polices

Drive-by shootings by that several groups of beer or liquor distributors or producer attempted to liquidate rival groups largely finished while the: (w) U.S. Constitution was ratified and Whiskey Rebellion which began into 1794 finally finished. (x) 21st amendment to

Q : Pure competition for quantity adjustment

The only industrial structure in that all firms are pure quantity-adjusting price takers is: (1) impure oligopoly. (2) pure monopoly. (3) pure or perfect competition. (4) monopolistic competition. (5) pure oligopoly.

Discover Q & A

Leading Solution Library

Avail More Than 1416168 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1948562
Asked

3,689

Active Tutors

1416168

Questions
Answered

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

Submit Assignment