Short run expectations, Can someone help me in finding out the right answer from the

Short run expectations

Can someone help me in finding out the right answer from the given options. When Toyota expected the price at which it could sell its cars to increase in the near future, it’s very short-run response would possibly be to: (i) Raise its supply. (ii) Reduce its supply. (iii) Raise its quantity supplied. (iv) Reduce its quantity supplied.

View Complete Question

Related Questions in Microeconomics

Q : Production cost according to

The global wide demand for bicycles would be least probable to be influenced if: (1) Rises in incomes in less developed countries permitted a lot of people to purchase automobiles. (2) Couch-potatoes start heeding their doctor’s suggestion to ex

Q : Case study on Microeconomics Hello, I

Hello, I did attach case study on Microeconomics. Regards,

Q : Analytic Time-The Short Run I have a

I have a problem in economics on Analytic Time-The Short Run. Please help me in the following question. Economists classify a time-period in which at least one resource is fixed as: (i) Short run. (ii) Long run. (iii) Production period. (iv) Profit period.

Q : Monopolies in monopolistically

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.

Q : Shutdown point of monopoly firm A

A monopoly firm must shut down in the short run when: (w) P < minimum [average total costs [ATC]]. (x) P > minimum [average total costs [ATC]]. (y) this cannot cover all variable costs. (z) P does not equal marginal costs [MC].

Q : Pricing strategy In a competitive

In a competitive pricing strategy how does one can arrive for a multi-service practice where there are no specific products in question?

Q : Structure conduct performance paradigm

From about 1890 till 1970, the “structure-conduct-performance paradigm” dominated theories concerning how firms behave in various kinds of markets. The word “conduct” in this context refers to these things as: (i) decisions by

Q : Affects in Great Depression State what

State what affect the most in Great Depression?

Q : Wages-Portion of costs Assume that a

Assume that a firm with market power in output market wishes to grow up and that hiring more workers needs it to increase wages 8% for all the workers. Output prices will most likely: (1) Increase 8% to cover the wage raise. (2) Increase less than 8% as wages are only

Q : Short run operations of a

This figure in below is demonstrates the operations of a profit-maximizing pure competitor into the: (1) market period. (2) short run. (3) long run. (4) super long run since this can alter technology. (5) shutdown range of production.

Discover Q & A

Leading Solution Library

Avail More Than 1437482 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1959544
Asked

3,689

Active Tutors

1437482

Questions
Answered

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

Submit Assignment