--%>
Assignment Help - homework help

Relationship between APP-MPP

If APP is at its maximum, then what is the relationship among MPP and APP?

Answer: MPP = APP

   Related Questions in Microeconomics

  • Q : Problem on price level-real domestic

    Refer to the below diagram. Give me answer of this question. If equilibrium real output is Q2, then: A) aggregate demand is AD1. B) the equilibrium price level is P1. C) producers will supply output level Q1. D) the equili

    		•
  • Q : Infinite price elasticity of supply The

    The price elasticity of supply in given grph is infinite therefore supply is perfectly price elastic within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

    Q : Types of Cost Types of Cost : A) Direct

    Types of Cost: A) Direct costs: clearly chargeable to a work package: labour materials equipment other

    Q : Implicit costs incurred by the firm I

    I have a problem in economics on implicit costs incurred by the firm. Please help me in the following question. Each and every implicit cost incurred by the firm are: (1) Opportunity costs for the owner-supplied resources. (2) Explicit costs of each a

    		•
  • Q : Determine price elasticity when demand

    When the quantity of scuba lessons demanded through tourists in Hawaii increases from 800 to 1,000 weekly while the price falls from $60 to $40 per session, in that case the price elasticity of tourist demands for scuba lessons is: (1

    		•
  • Q : Total costs from maximizes profit If

    If this firm maximizes its profit as in given graph, then its total costs equal: (w) $75,000 per month. (x) $90,000 per month. (y) $15,000 per month. (z) $105,000 per month.

    Q : Tourism effects How tourism effects in

    How tourism effects in an upcoming industry?

    		•
  • Q : Increasing cost industry in long run

    When curve C reflects the long run supply curve as in demonstrated figure for this industry, in that case this is a/an: (w) decreasing cost industry. (x) increasing cost industry. (y) constant cost industry. (z) diseconomies of scale industry.

  • Q : Define straight line of supply curve

    When a supply curve is a straight line start from the origin, in that case supply is: (i) relatively elastic for all prices and quantities. (ii) relatively inelastic for all prices and quantities. (iii) unitarily elastic for all prices and quantities.

    		•
  • Q : Psychological Pricing Define the term

    Define the term Psychological Pricing and what are their aspects?

    		•