Relationship between MPC and MPS
Determine relationship between MPC and MPS? Answer: MPC + MPS = 1
Determine relationship between MPC and MPS?
Answer: MPC + MPS = 1
When industry expansion or contraction does not influence the prices of resources used through its firms, then the industry tends to experience: (w) increasing costs. (x) constant costs. (y) decreasing costs. (z) diseconomies of scale. Q : Illustration of a strategic barrier An An illustration of a strategic barrier would be a: (w) high-technology firm registering a patent on their newly-designed time machine. (x) law establishing the USPS as the only mail service in the United States. (y) set of costly advertising campaigns
An illustration of a strategic barrier would be a: (w) high-technology firm registering a patent on their newly-designed time machine. (x) law establishing the USPS as the only mail service in the United States. (y) set of costly advertising campaigns
Unlike several monopolies, a monopolistically competitive firm in long-run equilibrium produces a level of output where is: (1) price equals marginal cost. (2) pricing is economically efficient. (3) marginal revenue most greatly exceeds marginal cost.
When line 0C0' shows the 1975 U.S. income distribution, in that case the 2005 income distribution would most likely be most probable: (1) line 0A0'. (2) line 0B0'. (3) line 0C0'. (4) line 0D0'. (5) line 0E0'.
Conditions of producers equilibrium: The conditions of producers equilibrium through the marginal cost and marginal revenue approach are as follows. 1. Marginal cost should be equal to marginal revenue.
Distinguish among devaluation and depreciation of domestic currency
This purely competitive brickyard as in below graph on the average experiences an: (w) economic profit of about $135 per day. (x) economic loss of roughly $150 per day. (y) accounting profit of less than $100 per day. (z) accounting loss of more than
Can someone please help me in finding out the accurate answer from the following question. The labor monopsonist who is as well a monopolist in an output market: (1) Always makes huge profits. (2) Hires more units of the labor when
Can someone please help me in finding out the accurate answer from the following question. The outcomes of strikes do not comprise: (i) Losses of the perishable products. (ii) Shipping delays. (iii) Decreased production costs. (iv) Shortages.
At the highest average rate an excise tax will tax low incomes while: (1) only luxuries are taxed. (2) goods along with the highest income elasticity of demand are exempt. (3) goods along with the lowest income elasticity of demand are exempt. (4) no
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