Revenue expenditure
Why payment of interest is treated as revenue expenditure? Answer: Since it does not cause any decrease in the liability of government.
Why payment of interest is treated as revenue expenditure?
Answer: Since it does not cause any decrease in the liability of government.
The kinked demand curve model of oligopolistic pricing behavior reflects the concept which: (1) price hikes fail to accommodate small hikes in costs. (2) other firms ignore price hikes by single firms. (3) other firms match any price cuts by any singl
State drawbacks of barter system: A) Both sale and purchase must take place concurrently implying double coincidence of wants. B) There is no general unit of exchange in barter system, accordingly exchange s
What is Marketability. Write some points for it.
Predation by charging a low price is often a successful entry deterrent for all of the given reasons except the concept that low prices: (w) signal low profit. (x) make entry complicated while entry is costly. (y) may signal to a pote
Numerous big publishing companies refused to publish a horror novel since the author was nameless. The author ultimately found a small publishing house to publish his book. The book sold millions of copies and produced hundreds of thousands of dollars in total revenue
For a monopoly firm a market supply curve is: (w) steeper than the market supply curve of a competitive industry. (x) indeterminable because profit-maximizing quantities with profit maximizing prices are determined concurrently, and depend upon costs
Total cost for that monopolistic competitor in shown below figure equals area: (w) 0cbQ. (x) 0deQ + dcbe. (y) 0paQ cpab. (z) All of the above. Q : Efficiency and Income Distribution Even Even though property rights are fully given and cost-less enforced and transaction costs (i.e., information costs, contracting costs, and mobility costs) are nonexistent, in that case equilibria in all markets in a whole economy may a
Even though property rights are fully given and cost-less enforced and transaction costs (i.e., information costs, contracting costs, and mobility costs) are nonexistent, in that case equilibria in all markets in a whole economy may a
When the price of Kellogg's Corn Flakes goes up by $1.89 to $2.05 and quantity demanded changes with 250 to 210, in that case the price elasticity of demand would be of: (w) .47 (x) .02 (y) 250. (z) 2.14. I need a
In which market form is the marginal and average revenue of a firm always equivalent? Answer: Average and marginal revenue of a firm are for all time equivalents beneath perfect competition.
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