Resources-Intermediate Goods
Can someone please help me in finding out the precise answer from the following question. Intermediate inputs into the production procedure would comprise: (1) Crude oil. (2) Tennis shoes. (3) Untreated water. (4) Flour.
Kinds of output subsequently used to generate other goods are termed as: (w) land. (x) labor. (y) capital. (z) primary resources. Hey friends please give your opinion for the problem of Eco
Deriving a production possibilities frontier needs the supposition that: (1) Resources are variable in the supply. (2) There are limitless numbers of goods. (3) Economic growth takes place at a normal rate. (4) All scarce resources are proficiently em
The price elasticity of demand would possibly be lowest for: (1) Dasani. (2) Deer Park. (3) Aquafina. (4) bottled water. (5) Perrier. Can anybody suggest me the proper explanation for given problem regarding
When the annual interest rate is 12 percent and a rental house can be expected to rent perpetually for $1,000 monthly, rough computation suggests the house contain a present value of: (1) $240,000. (2) $144,000. (3) $100,000. (4) $72,000. (5) $12,000.
Can someone help me in finding out the right answer from the given options. The Minimum wage laws are most probable to increase the equilibrium employment when a firm has been exercising: (1) Monopoly power and price discrimination. (2) Employee choice in markets for
Explain the term Realized Yield? Also write some points on it.
Perfectly inelastic demand curves include constant price elasticities equivalent to zero as well as: (i) cannot exist within the real world across the full range of possible prices. (ii) happen more often than any other type. (iii) are horizontal line
A short run market supply curve for a good manufactured within a purely competitive industry is derived through: (w) vertically summing the marginal cost curves above the AVC curves for all firms which may potentially enter the industry. (x) adding to
The consequences of price controls would be least discernible for a price ceiling set: (1) above the price equilibrium. (2) below the price equilibrium. (3) in a region of diminishing returns. (4) unfavorable to market companies. (5)
The Square-Wheeled Locomotive, the last passenger train to Flatland, Iowa, wants more total revenue. When passengers’ demands for tickets are comparatively price elastic, in that case the railroad must: (1) raise the price, but lower this when d
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